Chuck Frazier & Associates is your FHA certified appraisal companyThe FHA retains of approved appraisers for each state - Chuck Frazier & Associates is on the roster of approved appraisers for CA. We are certified and approved to do reports for FHA insured loans. A portion of the periodic training our staff at Chuck Frazier & Associates receives deals exclusively with understanding the FHA's documentation and their rules and procedures. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA approved, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply backs the loan with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and necessities for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely helpful to those consumers with less accumulated funding. |