Appraisal-One is ready for your FHA work
The FHA retains of approved appraisers for each state - Appraisal-One is on the roster of approved appraisers for CA. This means that we are certified and approved by the FHA to do reports for house loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
If your financial transaction is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply insures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Accessible to all homebuyers, 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. The loan programs that the FHA offers are excessively helpful to consumers with less starting income.