Need an appraisal for an FHA-backed mortgage? Call NuquestRest assured that Nuquest is an FHA-approved appraisal firm in CA. If you have an FHA-loan, be sure to call Nuquest, as we are approved and certified to handle FHA appraisal reports. A certain amount of the continuing training our staff at Nuquest receives deals exclusively with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Nuquest if you need an appraisal done for an FHA-secured 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 loan, it means it is underwritten by them. None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy 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. The loan programs that the FHA provides are extremely useful to consumers with less starting capital. |