Need an appraisal for an FHA-backed mortgage? Call Lorelei Cole

The FHA publishes a list of approved appraisers for each state - Lorelei Cole is on the roster of approved appraisers for FL. Lorelei Cole is qualified and approved to do appraisal reports for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Lorelei Cole if you need an appraisal done for an FHA-secured loan.

If your home loan is FHA certified, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower defaults on his or her loan obligations. Accessible to all homebuyers, FHA loan programs are built to aid 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. The loan programs that the FHA provides are extremely useful to purchasers with less starting capital.