Bowers Real Estate & Appraisal Services is your FHA certified appraisal company

The FHA publishes a list of approved appraisers for each state - Bowers Real Estate & Appraisal Services is on the roster of approved appraisers for CA. This means that we are qualified and approved by the FHA to do reports for house loans underwritten by them. 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 follow the rules and regulations provided.

Be sure to contact Bowers Real Estate & Appraisal Services if you need an appraisal done for an FHA-secured 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-secured loan, it means it is underwritten by them. The lending company takes care of all the loaned money; the FHA simply backs the transaction with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to help low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those purchasers with less accumulated starting capital.