Foss Consulting Group is your FHA certified appraisal companyRest assured that Foss Consulting Group is an FHA-approved appraisal service in CA. This indicates that we are certified and approved by the FHA to do appraisal reports for property loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Foss Consulting Group is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Foss Consulting Group if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply insures the loan with mortgage insurance in case the borrower does not pay off his or her loan. Available to all purchasers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly useful to those consumers with less available cash. |