VP Appraisal Services, Inc. is your FHA certified appraisal companyWe assure you that VP Appraisal Services, Inc. is an FHA-approved appraisal provider in CA. VP Appraisal Services, Inc. is certified and approved to do reports for FHA secured financial transactions. A portion of the regular training our staff at VP Appraisal Services, Inc. receives deals exclusively with decoding the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to assist low-to-moderate income buyers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting money to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs. |