Need an appraisal for an FHA-backed mortgage? Call Hemisphere Real Estate

Hemisphere Real Estate is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to contact Hemisphere Real Estate, as we are approved and certified to handle FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your property loan is FHA approved, that means that it has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to help low-to-moderate income consumers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting funds to use as a down-payment on a mortgage benefit the most from FHA loan programs.