Bankers Appraisal can do FHA mortgagesThe FHA keeps a roster of approved appraisers for each state - Bankers Appraisal is on the roster of approved appraisers for CA. If you have an FHA-insured loan, be sure to call Bankers Appraisal, as we are approved and qualified to produce FHA reports. Part of the regular training our staff at Bankers Appraisal undergoes deals precisely with understanding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency 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 make sure that the mortgage is paid for in case the borrower doesn't pay their loan. The FHA and their loan programs are created to help low-to-moderate income consumers help meet credit qualifications 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 provides are incredibly beneficial to purchasers with less starting capital. |