A.M. Appraisal can do FHA work
We confidently state that A.M. Appraisal is an FHA-approved appraisal practice in CA. If you have an FHA-secured mortgage, be sure to hire A.M. 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 A.M. Appraisal is well-trained on how to follow the rules and regulations provided.
Be sure to contact A.M. Appraisal if you need an appraisal done for an FHA-secured loan.
The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is secured by them. None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are built to aid low-to-moderate income buyers help meet credit expectations if they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA offers are extremely useful to buyers with less starting income.