Independent Property Services is approved for FHA appraisalsRest assured that Independent Property Services is an FHA-certified appraisal firm in CA. We are qualified and approved to do appraisals for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Independent Property Services is well-trained on how to follow the rules and regulations provided. Be sure to contact Independent Property Services if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. Applicable to all consumers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are particularly useful to those homebuyers with less accumulated funding. |