Morris Appraisal, Inc.We are happy to say that Morris Appraisal, Inc. is an FHA-certified appraisal service in CA. If you have an FHA-secured loan, be sure to contact Morris Appraisal, Inc., as we are approved and certified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. 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 Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to aid low-to-moderate income buyers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lower income or less starting funds to use as a down-payment on a loan are helped the most from FHA loan programs. |