John F. SchulkeWe are happy to say that John F. Schulke is an FHA-certified appraisal firm in CA. John F. Schulke is certified and approved to do appraisal reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at John F. Schulke is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact John F. Schulke if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA certified, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to help credit-worthy buyers to meet expectations and requirements for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are incredibly beneficial to buyers with less starting capital. |