All City Appraisal is your FHA certified appraisal company
We assure you that All City Appraisal is an FHA-approved appraisal practice in CA. If you have an FHA-insured mortgage, be sure to hire All City Appraisal, as we are approved and qualified to produce FHA appraisal reports. Part of the continuing training our staff at All City Appraisal receives deals precisely with decoding the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
If your financial transaction is FHA insured, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply backs the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all buyers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lesser income or less starting funds to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.