Need an appraisal for an FHA-backed mortgage? Call Appraisal-One
Appraisal-One is CA state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisals for home loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you need an report for an FHA loan, please contact us, and we'll be able to help you right away.
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). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower doesn't pay their loan. Available to all consumers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Down payments are often lower with an FHA loan despite using conventional market rates. Those with lower income or less starting capital to use as a down-payment on a mortgage are assisted the most from FHA loan programs.