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

Rest assured that Megas Appraisal Group, Inc. is an FHA-certified appraisal practice in FL. If you have an FHA-secured mortgage, be sure to get with Megas Appraisal Group, Inc., as we are approved and qualified to handle FHA appraisals. Part of the periodic training our staff at Megas Appraisal Group, Inc. receives deals precisely with decoding the FHA's documentation and their rules and procedures.

Be sure to contact Megas Appraisal Group, Inc. if you need an appraisal done for an FHA-secured loan.

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-insured loan, it means it is backed by them. The FHA does not provide funds to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and necessities for lending agencies that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting money to put down on a mortgage benefit the most from Federal Housing Administration loan programs.