Need an appraisal for an FHA-backed mortgage? Call Avion InsightsThe FHA publishes a list of approved appraisers for each state - Avion Insights is on the roster of approved appraisers for CA. We are certified and approved to do appraisals for FHA secured loans. Part of the regular training our staff at Avion Insights undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. 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 lender provides all the money in the loan; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and requirements for lending organizations that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting funds to use as a down-payment on a financial transaction are assisted the most from Federal Housing Administration loan programs. |