Need an appraisal for an FHA-backed mortgage? Call MacBride Appraisal

The FHA maintains of approved appraisers for each state - MacBride Appraisal is on the roster of approved appraisers for CA. If you have an FHA-insured mortgage, be sure to call MacBride Appraisal, as we are approved and qualified to handle FHA reports. A portion of the continuing training our staff at MacBride Appraisal completes deals strictly with understanding the FHA's documentation and their rules and procedures.

If your house loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and qualifications for lending agencies 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 extremely beneficial to buyers with less starting capital.