Randy Kelly & Co. is your FHA certified appraisal companyWe confidently state that Randy Kelly & Co. is an FHA-approved appraisal firm in CA. We are qualified and approved to do reports for FHA insured financial transactions. A portion of the continuing training our staff at Randy Kelly & Co. undergoes deals strictly with understanding the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your house loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply secures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and requirements for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting capital to put down on a mortgage are assisted the most from Federal Housing Administration loan programs. |