Integrity Appraisal Services can do FHA mortgagesThe FHA maintains of approved appraisers for each state - Integrity Appraisal Services is on the roster of approved appraisers for CA. We are certified and approved to do appraisal reports for FHA insured loans. Part of the regular training our staff at Integrity Appraisal Services receives deals exclusively with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Integrity Appraisal Services if you need an appraisal done for an FHA-secured loan. If your loan is FHA insured, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and requirements 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. The loan programs that the FHA offers are acutely helpful to purchasers with less starting capital. |