profile picture

Matanzas Appraisal of Volusia, Inc.

Rest assured that Matanzas Appraisal of Volusia, Inc. is an FHA-certified appraisal practice in Florida.  This means that we are qualified and approved by the FHA to do appraisals for property loans backed by them. Part of the continuing training our staff at Matanzas Appraisal of Volusia, Inc. receives deals exclusively with understanding 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.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD); if your financial transaction is an FHA loan, it means it is secured by them. No part of the loan is provided by the FHA. What the FHA does is ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to benefit low-to-moderate income purchasers by easing credit requirements. Remember, the FHA deviates from the VA appraiser panel in that the lending agency can choose the appraisal company.

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