Premier Appraisal of SoCal
We assure you that Premier Appraisal of SoCal is an FHA-approved appraisal provider in CA. We're certified and approved to do appraisal reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Premier Appraisal of SoCal is well-trained on how to comply with the rules and regulations provided.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
If your property loan is FHA insured, that means that it 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 safety through mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all consumers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely helpful to those homebuyers with less accumulated starting capital.