Need an appraisal for an FHA-backed mortgage? Call Libra Homes

The FHA keeps a roster of approved appraisers for each state - Libra Homes is on the roster of approved appraisers for UT. We are certified and approved to do appraisals for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

If your financial transaction is FHA certified, 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 FHA does not loan money to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all purchasers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lower income or less starting funds to use as a down-payment on a financial transaction are assisted the most from FHA loan programs.