Appraisal-One is ready for your FHA mortgages
Appraisal-One is CA state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisal reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.
An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to help low-to-moderate income consumers help meet credit requirements if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA offers are exceedingly useful to consumers with less starting income.