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

Rest assured that Bowers Real Estate & Appraisal Services is an FHA-certified appraisal company in CA. If you have an FHA-loan, be sure to hire Bowers Real Estate & Appraisal Services, as we are approved and qualified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Bowers Real Estate & Appraisal Services is well-trained on how to comply with the rules and regulations provided.

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 organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is backed by them. The FHA does not provide funds to borrowers, rather, it provides lending organizations with security with mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to benefit low-to-moderate income purchasers help meet credit requirements 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. Those with lower income or less starting capital to use as a down-payment on a mortgage are assisted the most from FHA loan programs.