Need an appraisal for an FHA-backed mortgage? Call William ShillingtonThe FHA maintains of approved appraisers for each state - William Shillington is on the roster of approved appraisers for CA. We're qualified and approved to do appraisal reports for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is backed by them. The lending company provides all the loaned money; the FHA simply secures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. 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 particularly useful to those purchasers with less accumulated funding. |