Bowers Real Estate & Appraisal Services is your FHA certified appraisal company
Bowers Real Estate & Appraisal Services is CA state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you're in need of 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 insured, that means that the loan has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and necessities for lending organizations that 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 beneficial to those homebuyers with less available cash.