Balkcom Appraisal Services, LLCThe FHA retains of approved appraisers for each state - Balkcom Appraisal Services, LLC is on the roster of approved appraisers for FL. We're qualified and approved to do appraisal reports for FHA secured financial transactions. Part of the continuing training our staff at Balkcom Appraisal Services, LLC receives deals strictly with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is secured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the loan is paid for in case the borrower doesn't pay their 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. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting money to use as a down-payment on a loan are helped the most from FHA loan programs. |