Hidden Creek Appraisal can do FHA loans

Rest assured that Hidden Creek Appraisal is an FHA-approved appraisal service in CA. This indicates that we are certified and approved by the FHA to do reports for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Hidden Creek Appraisal is well-trained on how to comply with the rules and regulations provided.

An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications for lending organizations 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. Consumers with lower income or less starting capital to put down on a loan are helped the most from FHA loan programs.