Need an appraisal for an FHA-backed mortgage? Call Barefoot Appraisal Co.

Barefoot Appraisal Co. is FL state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do appraisals for FHA insured loans. A portion of the periodic training our staff at Barefoot Appraisal Co. receives deals precisely with comprehending the FHA's documentation and their rules and procedures.

If your home loan is FHA approved, 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 FHA does not loan capital to borrowers, rather, it provides lenders with protection through mortgage insurance in case the borrower defaults on his or her financial obligations. Available to all purchasers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly beneficial to those buyers with less accumulated cash.