Need an appraisal for an FHA-backed mortgage? Call A.M. AppraisalWe confidently state that A.M. Appraisal is an FHA-approved appraisal practice in CA. We're qualified and approved to do reports for FHA insured loans. A certain amount of the regular training our staff at A.M. Appraisal completes deals precisely with decoding 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. If your loan is FHA approved, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are created to assist 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 acutely helpful to buyers with less starting capital. |