Larry Joe Spann is your FHA certified appraisal company

We assure you that Larry Joe Spann is an FHA-certified appraisal company in FL. This indicates that we are qualified and approved by the FHA to do appraisal reports for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Larry Joe Spann is well-trained on how to work in accordance with the rules and regulations provided.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is underwritten by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Available to all purchasers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not meet requirements 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 beneficial to buyers with less starting income.