Need an appraisal for an FHA-backed mortgage? Call Brett Ready

We confidently state that Brett Ready is an FHA-certified appraisal practice in MO. This means that we are qualified and approved by the FHA to do reports for property loans backed by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Brett Ready is well-trained on how to follow the rules and regulations provided.

An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Applicable to all consumers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements 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. The loan programs that the FHA provides are acutely beneficial to purchasers with less starting capital.