JLF Appraisals is approved for FHA mortgages

We confidently state that JLF Appraisals is an FHA-certified appraisal company in California.  If you have an FHA-loan, be sure to contact JLF Appraisals, as we are approved and certified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at JLF Appraisals is well-trained on how to follow the rules and regulations provided.

Be sure to contact JLF Appraisals if you need an appraisal done for an FHA-secured loan.

If your house loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers. Rather, it provides lending agencies with safety with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are designed to assist low-to-moderate income consumers by easing credit expectations. Remember that the lending agency approving a loan associated with the FHA is authorized to choose which appraisers they will use, unlike the VA appraisal panel.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are incredibly helpful to consumers with less starting capital.