Need an appraisal for an FHA-backed mortgage? Call Barcells & AssociatesRest assured that Barcells & Associates is an FHA-approved appraisal company in CA. If you have an FHA-secured mortgage, be sure to get with Barcells & Associates, as we are approved and certified to handle FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Barcells & Associates if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply secures the transaction with mortgage insurance in case the borrower defaults on his or her loan. Accessible to all purchasers, FHA loan programs are built to assist 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. Consumers with lesser income or less starting capital to use as a down-payment on a mortgage benefit the most from Federal Housing Administration loan programs. |