Norman Appraisal Services is your FHA certified appraisal company

The FHA publishes a list of approved appraisers for each state - Norman Appraisal Services is on the roster of approved appraisers for FL. If you have an FHA-secured loan, be sure to get with Norman Appraisal Services, as we are approved and qualified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your loan is FHA certified, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to aid low-to-moderate income purchasers help meet credit requirements if 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 Federal Housing Administration offers are extremely beneficial to purchasers with less starting capital.