Need an appraisal for an FHA-backed mortgage? Call Value Vision AppraisalsThe FHA keeps a roster of approved appraisers for each state - Value Vision Appraisals is on the roster of approved appraisers for CA. If you have an FHA-secured loan, be sure to contact Value Vision Appraisals, as we are approved and certified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. 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. If your house loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and necessities for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lower income or less starting funds to put down on a mortgage are helped the most from Federal Housing Administration loan programs. |