Charles Keim''s Appraisal Services is your FHA certified appraisal company
The FHA maintains of approved appraisers for each state - Charles Keim''s Appraisal Services is on the roster of approved appraisers for CA. If you have an FHA-loan, be sure to get with Charles Keim''s Appraisal Services, as we are approved and qualified to handle FHA appraisals. Part of the ongoing training our staff at Charles Keim''s Appraisal Services completes deals exclusively with understanding the FHA's documentation and their rules and procedures.
Be sure to contact Charles Keim''s Appraisal Services if you need an appraisal done for an FHA-secured loan.
The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is insured by them. The FHA does not provide funds to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are formed to assist low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lower income or less starting money to put down on a loan benefit the most from FHA loan programs.