Need an appraisal for an FHA-backed mortgage? Call Premier Appraisal of SoCalPremier Appraisal of SoCal is CA state certified and on the FHA Roster of approved residential appraisers. This means that we are qualified 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 Premier Appraisal of SoCal is well-trained on how to comply with the rules and regulations provided. If you need an appraisal 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). The lending organization provides all the loaned money; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are built to assist low-to-moderate income buyers 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 offers are exceedingly useful to buyers with less starting capital. |