Need an appraisal for an FHA-backed mortgage? Call Appraisal Quest Co. (805) 469-3088The FHA publishes a list of approved appraisers for each state - Appraisal Quest Co. (805) 469-3088 is on the roster of approved appraisers for CA. Appraisal Quest Co. (805) 469-3088 is qualified and approved to do reports for FHA secured loans. A certain amount of the regular training our staff at Appraisal Quest Co. (805) 469-3088 receives deals exclusively with decoding the FHA's documentation and their rules and procedures. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in 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. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and requirements for lenders that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are incredibly beneficial to those homebuyers with less accessible starting capital. |