Delphi Advisors is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - Delphi Advisors is on the roster of approved appraisers for CA. We're certified and approved to do reports for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured 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 loan is an FHA-secured loan, it means it is underwritten by them. The lending organization provides all the money in the loan; the FHA simply secures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all purchasers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting capital to put down on a mortgage benefit the most from FHA loan programs. |