A.M. Appraisal is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - A.M. Appraisal is on the roster of approved appraisers for CA. If you have an FHA-loan, be sure to hire A.M. Appraisal, as we are approved and qualified to perform FHA appraisals. A portion of the ongoing training our staff at A.M. Appraisal completes deals exclusively with decoding the FHA's documentation and their rules and procedures. 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 secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower doesn't pay their loan. Applicable to all buyers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lesser income or less starting funds to put down on a financial transaction are assisted the most from Federal Housing Administration loan programs. |