Need an appraisal for an FHA-backed mortgage? Call R J Neild Real Estate AppraisalsWe assure you that R J Neild Real Estate Appraisals is an FHA-certified appraisal provider in CA. If you have an FHA-insured loan, be sure to contact R J Neild Real Estate Appraisals, as we are approved and certified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Available to all buyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not have the qualifications 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. The loan programs that the Federal Housing Administration provides are acutely helpful to purchasers with less starting income. |