Bowers Real Estate & Appraisal Services is approved for FHA loans

The FHA keeps a roster of approved appraisers for each state - Bowers Real Estate & Appraisal Services is on the roster of approved appraisers for CA. If you have an FHA-secured mortgage, be sure to get with Bowers Real Estate & Appraisal Services, as we are approved and certified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Bowers Real Estate & Appraisal Services is well-trained on how to comply with the rules and regulations provided.

If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

If your home loan is FHA certified, that means that it has been guaranteed 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 organizations with security through mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are designed to assist low-to-moderate income homebuyers help meet credit expectations if they otherwise would not.

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 helpful to those buyers with less available cash.