Need an appraisal for an FHA-backed mortgage? Call GIZZI APPRAISAL OF SOUTHWEST FLORIDA
Rest assured that GIZZI APPRAISAL OF SOUTHWEST FLORIDA is an FHA-certified appraisal practice in FL. If you have an FHA-insured loan, be sure to call GIZZI APPRAISAL OF SOUTHWEST FLORIDA , as we are approved and certified to perform FHA appraisal reports. A portion of the regular training our staff at GIZZI APPRAISAL OF SOUTHWEST FLORIDA undergoes deals precisely with decoding the FHA's documentation and their rules and procedures.
Be sure to contact GIZZI APPRAISAL OF SOUTHWEST FLORIDA if you need an appraisal done for an FHA-secured loan.
An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the loaned money; the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income buyers help meet credit expectations 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. Those with lower income or less starting money to use as a down-payment on a financial transaction are assisted the most from FHA loan programs.