Bowers Real Estate & Appraisal Services is your FHA certified appraisal company

The FHA retains of approved appraisers for each state - Bowers Real Estate & Appraisal Services is on the roster of approved appraisers for CA. If you have an FHA-secured loan, be sure to hire Bowers Real Estate & Appraisal Services, as we are approved and qualified to handle FHA reports. A portion of the ongoing training our staff at Bowers Real Estate & Appraisal Services receives deals exclusively with comprehending the FHA's documentation and their rules and procedures.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and requirements for lending organizations that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely helpful to those consumers with less available funding.