Need an appraisal for an FHA-backed mortgage? Call Paragon ValuationsThe FHA maintains of approved appraisers for each state - Paragon Valuations is on the roster of approved appraisers for CA. Paragon Valuations is certified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Paragon Valuations is well-trained on how to comply with the rules and regulations provided. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply insures the loan with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to aid low-to-moderate income purchasers 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. Buyers with lower income or less starting money to use as a down-payment on a financial transaction are helped the most from FHA loan programs. |