A1 Valuation ProThe FHA retains of approved appraisers for each state - A1 Valuation Pro is on the roster of approved appraisers for CA. We are qualified and approved to do reports for FHA secured loans. A portion of the periodic training our staff at A1 Valuation Pro completes deals strictly with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is backed by them. The lender takes care of all the money in the loan; the FHA simply backs the transaction with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are created to benefit low-to-moderate income purchasers help meet credit qualifications if 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 useful to purchasers with less starting capital. |