John Blair AppraisalJohn Blair Appraisal is CA state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisals for house loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact John Blair Appraisal if you need an appraisal done for an FHA-secured loan. If your home loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply secures the loan with mortgage insurance in case the borrower defaults on his or her loan. Accessible to all consumers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely helpful to those consumers with less accumulated funding. |