Need an appraisal for an FHA-backed mortgage? Call Vanguard ValuationsThe FHA keeps a roster of approved appraisers for each state - Vanguard Valuations is on the roster of approved appraisers for CA. We're certified and approved to do appraisal reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Vanguard Valuations is well-trained on how to comply with the rules and regulations provided. Be sure to contact Vanguard Valuations if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the finances; the FHA simply insures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all homebuyers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lesser income or less starting funds to put down on a mortgage benefit the most from FHA loan programs. |