Need an appraisal for an FHA-backed mortgage? Call Appraisal California CompanyWe confidently state that Appraisal California Company is an FHA-certified appraisal practice in CA. We are qualified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Appraisal California Company is well-trained on how to comply with the rules and regulations provided. Be sure to contact Appraisal California Company if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply insures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to benefit low-to-moderate income buyers help meet credit requirements if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lesser income or less starting money to put down on a financial transaction benefit the most from FHA loan programs. |