Need an appraisal for an FHA-backed mortgage? Call Schofill Appraisals, Inc.

The FHA retains of approved appraisers for each state - Schofill Appraisals, Inc. is on the roster of approved appraisers for FL. We're certified and approved to do reports for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

If your financial transaction is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply backs the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Available to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting capital to put down on a mortgage benefit the most from Federal Housing Administration loan programs.