Need an appraisal for an FHA-backed mortgage? Call Johnson AppraisalWe confidently state that Johnson Appraisal is an FHA-certified appraisal company in CA. This means that we are qualified and approved by the FHA to do reports for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Johnson Appraisal is well-trained on how to follow the rules and regulations provided. Be sure to contact Johnson Appraisal if you need an appraisal done for an FHA-secured 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 financial transaction is an FHA loan, it means it is backed by them. The FHA does not loan capital to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower does not pay his or her loan obligations. Accessible to all homebuyers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not meet requirements 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. The loan programs that the Federal Housing Administration provides are acutely beneficial to consumers with less starting capital. |