Helena Holloway is your FHA certified appraisal companyWe are happy to say that Helena Holloway is an FHA-approved appraisal practice in CA. This means that we are qualified and approved by the FHA to do reports for house loans insured by them. Part of the continuing training our staff at Helena Holloway completes deals strictly with decoding the FHA's documentation and their rules and procedures. Be sure to contact Helena Holloway if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are extremely beneficial to consumers with less starting capital. |