MacBride Appraisal is approved for FHA work
Rest assured that MacBride Appraisal is an FHA-certified appraisal service in CA. We are qualified and approved to do appraisals for FHA insured financial transactions. A portion of the regular training our staff at MacBride Appraisal completes deals exclusively with understanding the FHA's documentation and their rules and procedures.
If you need an report for an FHA loan, please contact us, and we'll be able to help you right away.
An FHA loan is underwritten by the Federal Housing Administration, a federal agency within 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 make sure that the loan is insured in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are formed to aid 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. Buyers with lower income or less starting funds to use as a down-payment on a financial transaction benefit the most from FHA loan programs.