Need an appraisal for an FHA-backed mortgage? Call Wesley HainRest assured that Wesley Hain is an FHA-certified appraisal firm in CA. If you have an FHA-secured mortgage, be sure to call Wesley Hain, as we are approved and certified to produce FHA reports. A certain amount of the continuing training our staff at Wesley Hain undergoes deals strictly with understanding the FHA's documentation and their rules and procedures. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your house loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is part of the United States 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 loan is paid for in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting capital to put down on a mortgage benefit the most from Federal Housing Administration loan programs. |