Robert Throckmorton is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - Robert Throckmorton is on the roster of approved appraisers for CA. This means that we are certified and approved by the FHA to do appraisals for home loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Robert Throckmorton if you need an appraisal done for an FHA-secured loan. If your loan is FHA certified, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to help low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are excessively helpful to purchasers with less starting income. |