Affiliated Appraisal Services

Affiliated Appraisal Services is FL state certified and on the FHA Roster of approved residential appraisers. Affiliated Appraisal Services is certified and approved to do reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Affiliated Appraisal Services is well-trained on how to work in accordance with the rules and regulations provided.

If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is insured by them. The FHA does not loan capital to borrowers, rather, it provides lenders with security by offering mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are formed to benefit low-to-moderate income consumers help meet credit requirements if they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lower income or less starting money to put down on a financial transaction are assisted the most from Federal Housing Administration loan programs.