Need an appraisal for an FHA-backed mortgage? Call Valicity LLCThe FHA publishes a list of approved appraisers for each state - Valicity LLC is on the roster of approved appraisers for CA. Valicity LLC is qualified and approved to do reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization 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 mortgage is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to assist low-to-moderate income consumers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lesser income or less starting funds to use as a down-payment on a financial transaction are assisted the most from Federal Housing Administration loan programs. |