Need an appraisal for an FHA-backed mortgage? Call GM Appraisal Group, Inc.

Rest assured that GM Appraisal Group, Inc. is an FHA-approved appraisal company in FL. This indicates that we are certified and approved by the FHA to do appraisal reports for home loans insured by them. Part of the continuing training our staff at GM Appraisal Group, Inc. receives deals precisely with comprehending the FHA's documentation and their rules and procedures.

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 financial transaction is an FHA-secured loan, it means it is underwritten by them. The lender provides all the finances; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to help low-to-moderate income homebuyers 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 lesser income or less starting money to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.