Need an appraisal for an FHA-backed mortgage? Call Jason Hipps

Rest assured that Jason Hipps is an FHA-approved appraisal firm in LA. If you have an FHA-insured loan, be sure to get with Jason Hipps, as we are approved and qualified to handle FHA appraisal reports. Part of the regular training our staff at Jason Hipps completes deals strictly with understanding the FHA's documentation and their rules and procedures.

If your loan is FHA certified, that means that the loan has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to assist low-to-moderate income homebuyers help meet credit expectations if 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 particularly helpful to those buyers with less accessible starting capital.