The Appraisal Firm

Rest assured that The Appraisal Firm is an FHA-certified appraisal company in CA. The Appraisal Firm is certified and approved to do appraisals for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at The Appraisal Firm is well-trained on how to work in accordance with the rules and regulations provided.

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

An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are built to assist low-to-moderate income consumers help meet credit requirements if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lesser income or less starting funds to put down on a loan are assisted the most from Federal Housing Administration loan programs.