Need an appraisal for an FHA-backed mortgage? Call Bronson AppraisalsWe confidently state that Bronson Appraisals is an FHA-certified appraisal firm in CA. Bronson Appraisals is certified and approved to do appraisal reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Bronson Appraisals is well-trained on how to comply with the rules and regulations provided. Be sure to contact Bronson Appraisals if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is backed by them. The lending organization provides all the loaned money; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and requirements for lenders that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA offers are acutely beneficial to buyers with less starting capital. |