Need an appraisal for an FHA-backed mortgage? Call Riley BoudreauxThe FHA retains of approved appraisers for each state - Riley Boudreaux is on the roster of approved appraisers for CA. We are qualified and approved to do appraisals for FHA insured financial transactions. A certain amount of the regular training our staff at Riley Boudreaux undergoes deals strictly with understanding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured 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). The lending company takes care of all the finances; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. Available to all consumers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly beneficial to those purchasers with less accessible cash. |