Need an appraisal for an FHA-backed mortgage? Call The Appraisal Firm

Rest assured that The Appraisal Firm is an FHA-approved appraisal service in CA. This means that we are certified and approved by the FHA to do appraisal reports for home loans backed by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at The Appraisal Firm is well-trained on how to follow the rules and regulations provided.

If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is insured by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and qualifications for lending agencies that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lower income or less starting funds to use as a down-payment on a mortgage are helped the most from FHA loan programs.