Angela Montoya Appraisal is approved for FHA appraisalsThe FHA publishes a list of approved appraisers for each state - Angela Montoya Appraisal is on the roster of approved appraisers for CA. If you have an FHA-mortgage, be sure to call Angela Montoya Appraisal, as we are approved and certified to perform FHA reports. A portion of the continuing training our staff at Angela Montoya Appraisal undergoes deals precisely with comprehending 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. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is backed by them. The lending organization takes care of all the loaned money; the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and necessities for lending organizations that 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 starting capital. |