Need an appraisal for an FHA-backed mortgage? Call Williams AppraisalsThe FHA publishes a list of approved appraisers for each state - Williams Appraisals is on the roster of approved appraisers for CA. If you have an FHA-loan, be sure to hire Williams Appraisals, as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Williams Appraisals is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Williams Appraisals if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization 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 secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and necessities for lending organizations that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting money to use as a down-payment on a mortgage are assisted the most from FHA loan programs. |