The Appraisal Firm

The Appraisal Firm is CA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to get with The Appraisal Firm, as we are approved and qualified to produce FHA reports. A portion of the periodic training our staff at The Appraisal Firm undergoes deals strictly with understanding the FHA's documentation and their rules and procedures.

Be sure to contact The Appraisal Firm if you need an appraisal done for an FHA-secured loan.

If your property loan is FHA certified, that means that it has been guaranteed by the FHA, 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 security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and requirements for lenders that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are extremely helpful to consumers with less starting capital.