Need an appraisal for an FHA-backed mortgage? Call Atlantic Coastal Appraisers, Inc.We assure you that Atlantic Coastal Appraisers, Inc. is an FHA-approved appraisal service in FL. This indicates that we are qualified and approved by the FHA to do appraisals for property loans underwritten by them. A portion of the periodic training our staff at Atlantic Coastal Appraisers, Inc. completes deals exclusively with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the loaned money; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to help low-to-moderate income purchasers 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. FHA loan programs are particularly useful to those purchasers with less accessible cash. |