Bowers Real Estate & Appraisal ServicesWe confidently state that Bowers Real Estate & Appraisal Services is an FHA-certified appraisal provider in CA. If you have an FHA-insured loan, be sure to contact Bowers Real Estate & Appraisal Services, as we are approved and certified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Bowers Real Estate & Appraisal Services is well-trained on how to work in accordance with the rules and regulations provided. 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 underwritten by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. Accessible to all homebuyers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lower income or less starting money to use as a down-payment on a loan are helped the most from FHA loan programs. |