Need an appraisal for an FHA-backed mortgage? Call Zimmerman & AssociatesZimmerman & Associates is CA state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Zimmerman & Associates is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Zimmerman & Associates if you need an appraisal done for an FHA-secured loan. If your house loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and qualifications for lending organizations that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are acutely helpful to consumers with less starting capital. |