Real Estate Ideal, Inc. can do FHA appraisalsRest assured that Real Estate Ideal, Inc. is an FHA-approved appraisal practice in CA. If you have an FHA-mortgage, be sure to get with Real Estate Ideal, Inc., as we are approved and qualified to perform FHA reports. Part of the continuing training our staff at Real Estate Ideal, Inc. undergoes deals exclusively with understanding the FHA's documentation and their rules and procedures. Be sure to contact Real Estate Ideal, Inc. if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lending agencies that 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. FHA loan programs are incredibly helpful to those purchasers with less available cash. |