Need an appraisal for an FHA-backed mortgage? Call All Residential AppraisalThe FHA maintains of approved appraisers for each state - All Residential Appraisal is on the roster of approved appraisers for CA. We're certified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at All Residential Appraisal 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 underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with protection with mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to help low-to-moderate income buyers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly beneficial to those buyers with less accumulated starting capital. |