MacBride Appraisal is available for your FHA work
MacBride Appraisal is CA state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do appraisal reports for FHA insured financial transactions. A certain amount of the ongoing training our staff at MacBride Appraisal undergoes deals exclusively with understanding 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.
If your loan is FHA approved, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and requirements for lenders that they otherwise would not.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely beneficial to those buyers with less available funding.