Need an appraisal for an FHA-backed mortgage? Call Appraisal ExpressWe assure you that Appraisal Express is an FHA-certified appraisal provider in CA. This means that we are certified and approved by the FHA to do appraisals for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Appraisal Express is well-trained on how to follow the rules and regulations provided. Be sure to contact Appraisal Express if you need an appraisal done for an FHA-secured loan. If your home loan is FHA certified, that means that it has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. 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. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those consumers with less available starting capital. |