ValueMate is your FHA certified appraisal companyThe FHA publishes a list of approved appraisers for each state - ValueMate is on the roster of approved appraisers for CA. This means that we are certified and approved by the FHA to do reports for property loans insured by them. 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. An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are created to help low-to-moderate income buyers help meet credit qualifications if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly beneficial to those buyers with less accumulated cash. |