All City Appraisal is your FHA certified appraisal company
The FHA maintains of approved appraisers for each state - All City Appraisal is on the roster of approved appraisers for CA. If you have an FHA-loan, be sure to get with All City Appraisal, as we are approved and certified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at All City Appraisal 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.
An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. 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 mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are designed to benefit low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lower income or less starting funds to put down on a financial transaction are assisted the most from Federal Housing Administration loan programs.