All City Appraisal is your FHA certified appraisal companyWe confidently state that All City Appraisal is an FHA-approved appraisal provider in CA. All City Appraisal is certified and approved to do appraisals for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact All City Appraisal if you need an appraisal done for an FHA-secured 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). The FHA does not loan money to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are formed to aid low-to-moderate income homebuyers help meet credit expectations 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. FHA loan programs are incredibly helpful to those consumers with less accessible funding. |