Need an appraisal for an FHA-backed mortgage? Call MGK Properties

The FHA maintains of approved appraisers for each state - MGK Properties is on the roster of approved appraisers for CA. If you have an FHA-mortgage, be sure to get with MGK Properties, as we are approved and certified to perform FHA appraisal reports. A portion of the periodic training our staff at MGK Properties receives deals precisely with decoding the FHA's documentation and their rules and procedures.

Be sure to contact MGK Properties if you need an appraisal done for an FHA-secured loan.

An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. 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 formed to aid low-to-moderate income consumers help meet credit expectations if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those purchasers with less accessible cash.