Barnard & Associates Appraisal ServicesThe FHA retains of approved appraisers for each state - Barnard & Associates Appraisal Services is on the roster of approved appraisers for CA. If you have an FHA-secured loan, be sure to hire Barnard & Associates Appraisal Services, as we are approved and certified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your property loan is FHA approved, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to help low-to-moderate income homebuyers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting funds to put down on a loan are helped the most from Federal Housing Administration loan programs. |