is California state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to get with Turner Consulting, as we are approved and certified to produce FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. |
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An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA. What the FHA does is see to it that the loan is paid for in case the borrower doesn't pay their loan. The FHA and their loan programs are designed to benefit low-to-moderate income consumers by easing credit expectations. Unlike the VA appraiser panel, the lending organization working with Federal Housing Administration is allowed to select the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those buyers with less accumulated starting capital.
