Need an appraisal for an FHA-backed mortgage? Call Performance Appraisals Inc.

The FHA publishes a list of approved appraisers for each state - Performance Appraisals Inc. is on the roster of approved appraisers for FL. This indicates that we are certified and approved by the FHA to do appraisal reports for property loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Performance Appraisals Inc. if you need an appraisal done for an FHA-secured loan.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are built to help low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are excessively helpful to consumers with less starting income.