Need an appraisal for an FHA-backed mortgage? Call Manuel Reyes R.E. AppraiserManuel Reyes R.E. Appraiser is CA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to contact Manuel Reyes R.E. Appraiser, as we are approved and certified to handle FHA appraisal reports. Part of the regular training our staff at Manuel Reyes R.E. Appraiser receives deals precisely with decoding the FHA's documentation and their rules and procedures. Be sure to contact Manuel Reyes R.E. Appraiser if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is secured by them. The lender takes care of all the money in the loan; the FHA simply backs the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Applicable to all purchasers, FHA loan programs are made to help 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. Consumers with lower income or less starting funds to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs. |