Need an appraisal for an FHA-backed mortgage? Call Di Cicco & Associates

The FHA maintains of approved appraisers for each state - Di Cicco & Associates is on the roster of approved appraisers for Florida. We are qualified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Di Cicco & Associates is well-trained on how to comply with the rules and regulations provided.

Be sure to contact Di Cicco & Associates if you need an appraisal done for an FHA-secured loan.

If your property loan is FHA approved, that means that the loan has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all purchasers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting capital to use as a down-payment on a mortgage benefit the most from FHA loan programs.