Need an appraisal for an FHA-backed mortgage? Call Bowers Real Estate & Appraisal Services

We confidently state that Bowers Real Estate & Appraisal Services is an FHA-certified appraisal service in CA. This indicates that we are qualified and approved by the FHA to do reports for house loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Contact us today if you need to get an appraisal done on an FHA-insured 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 financial transaction is an FHA-insured loan, it means it is underwritten by them. The lending company provides all the finances; the FHA simply backs the transaction through mortgage insurance in case the borrower defaults on his or her loan. Accessible to all purchasers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not meet requirements 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. FHA loan programs are particularly useful to those homebuyers with less available funding.