Need an appraisal for an FHA-backed mortgage? Call KJay Appraisals, LLC.

The FHA publishes a list of approved appraisers for each state - KJay Appraisals, LLC. is on the roster of approved appraisers for FL. If you have an FHA-insured mortgage, be sure to contact Jay Appraisals, Inc., as we are approved and qualified to produce FHA appraisals. Part of the continuing training our staff at KJay Appraisals, LLC. completes deals exclusively with comprehending the FHA's documentation and their rules and procedures.

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

If your home loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lender provides all the money in the loan; the FHA simply backs the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to benefit low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are exceedingly useful to purchasers with less starting capital.