Need an appraisal for an FHA-backed mortgage? Call The Appraisal FirmThe FHA maintains of approved appraisers for each state - The Appraisal Firm is on the roster of approved appraisers for CA. If you have an FHA-insured loan, be sure to hire The Appraisal Firm, as we are approved and certified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all consumers, FHA loan programs are built to help 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. Consumers with lesser income or less starting money to use as a down-payment on a financial transaction are assisted the most from FHA loan programs. |