MacBride Appraisal is your FHA certified appraisal company
We confidently state that MacBride Appraisal is an FHA-certified appraisal practice in CA. If you have an FHA-loan, be sure to contact MacBride Appraisal, as we are approved and qualified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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 secured by the Federal Housing Administration, which is part 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 make sure that the mortgage is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to benefit low-to-moderate income purchasers help meet credit expectations if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly useful to those buyers with less accessible starting capital.