Need an appraisal for an FHA-backed mortgage? Call Omni Property Services, Inc.

Rest assured that Omni Property Services, Inc. is an FHA-certified appraisal practice in FL. If you have an FHA-insured loan, be sure to hire Omni Property Services, Inc., as we are approved and certified to perform FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Omni Property Services, Inc. is well-trained on how to work in accordance with the rules and regulations provided.

If your home loan is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with protection through mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lenders that 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 FHA offers are exceedingly beneficial to buyers with less starting capital.