East Central Appraisals LLC can do FHA loans

East Central Appraisals LLC is FL state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do appraisal reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at East Central Appraisals LLC is well-trained on how to work in accordance with the rules and regulations provided.

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

If your loan is FHA certified, that means that it has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is insured in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA offers are extremely useful to consumers with less starting capital.