Need an appraisal for an FHA-backed mortgage? Call On Time Appraisal Service, Inc.

We confidently state that On Time Appraisal Service, Inc. is an FHA-approved appraisal service in FL. We're qualified and approved to do reports for FHA insured financial transactions. A certain amount of the periodic training our staff at On Time Appraisal Service, Inc. receives deals strictly with comprehending the FHA's documentation and their rules and procedures.

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

If your house loan is FHA certified, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply secures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and qualifications 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 funds to put down on a mortgage are helped the most from Federal Housing Administration loan programs.