Need an appraisal for an FHA-backed mortgage? Call CaliHaus Appraisals, Inc.
We assure you that CaliHaus Appraisals, Inc. is an FHA-certified appraisal provider in CA. This indicates that we are qualified and approved by the FHA to do appraisals for property loans underwritten by them. Part of the periodic training our staff at CaliHaus Appraisals, Inc. receives deals exclusively with comprehending the FHA's documentation and their rules and procedures.
Be sure to contact CaliHaus Appraisals, Inc. if you need an appraisal done for an FHA-secured loan.
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 lender provides all the finances; the FHA simply backs the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to assist low-to-moderate income consumers 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. Those with lesser income or less starting money to put down on a financial transaction are helped the most from FHA loan programs.
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