Premier Appraisal of SoCal

Premier Appraisal of SoCal is CA state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do reports for property loans backed by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Premier Appraisal of SoCal is well-trained on how to comply with the rules and regulations provided.

Contact us today if you need to get an appraisal done on an FHA-insured 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 loan is an FHA-secured loan, it means it is secured by them. The lending company provides all the loaned money; the FHA simply insures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all consumers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting capital to use as a down-payment on a loan are helped the most from Federal Housing Administration loan programs.