MarketFocusValuationsThe FHA retains of approved appraisers for each state - MarketFocusValuations is on the roster of approved appraisers for CA. This means that we are certified and approved by the FHA to do appraisal reports for property loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at MarketFocusValuations is well-trained on how to follow the rules and regulations provided. Be sure to contact MarketFocusValuations if you need an appraisal done for an FHA-secured loan. If your house loan is FHA approved, that means that the loan has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lender 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. Available to all buyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting money to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs. |