Need an appraisal for an FHA-backed mortgage? Call Premier Appraisal of SoCal

Rest assured that Premier Appraisal of SoCal is an FHA-certified appraisal service in CA. This indicates that we are certified and approved by the FHA to do reports for home loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Premier Appraisal of SoCal is well-trained on how to comply with the rules and regulations provided.

Be sure to contact Premier Appraisal of SoCal if you need an appraisal done for an FHA-secured loan.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is underwritten by them. The lending company provides all the finances; the FHA simply insures the loan with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income purchasers help meet credit requirements if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting capital to put down on a financial transaction are helped the most from Federal Housing Administration loan programs.