Need an appraisal for an FHA-backed mortgage? Call Anderson Appraisals

The FHA retains of approved appraisers for each state - Anderson Appraisals is on the roster of approved appraisers for CA. If you have an FHA-insured loan, be sure to hire Anderson Appraisals, as we are approved and qualified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your home loan is FHA approved, that means that it has been secured by the FHA, which is a branch of the United States 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 designed to assist low-to-moderate income consumers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are exceedingly helpful to buyers with less starting capital.