Need an appraisal for an FHA-backed mortgage? Call A & S Appraisal ServicesThe FHA keeps a roster of approved appraisers for each state - A & S Appraisal Services is on the roster of approved appraisers for CA. This indicates that we are qualified and approved by the FHA to do reports for house loans backed by them. A portion of the periodic training our staff at A & S Appraisal Services receives deals strictly with decoding the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your financial transaction is FHA certified, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to help credit-worthy buyers to meet expectations and qualifications for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely beneficial to those buyers with less accumulated cash. |