Need an appraisal for an FHA-backed mortgage? Call MacBride Appraisal
We assure you that MacBride Appraisal is an FHA-approved appraisal company in CA. If you have an FHA-secured loan, be sure to get with MacBride Appraisal, as we are approved and qualified to handle FHA appraisals. A certain amount of the periodic training our staff at MacBride Appraisal completes deals strictly with decoding the FHA's documentation and their rules and procedures.
Be sure to contact MacBride Appraisal if you need an appraisal done for an FHA-secured loan.
An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower doesn't pay their loan. Accessible to all consumers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lesser income or less starting capital to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs.