Data Drive Appraisals, Inc. can do FHA backed loans

Rest assured that Data Drive Appraisals, Inc. is an FHA-certified appraisal company in FL. This indicates that we are certified and approved by the FHA to do appraisal reports for home loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

If your home loan is FHA insured, that means that it has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply backs the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to benefit low-to-moderate income consumers help meet credit expectations 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 offers are extremely beneficial to consumers with less starting capital.