![]() Need an appraisal for an FHA-backed mortgage? Call Appraisal AllieThe FHA maintains of approved appraisers for each state - Appraisal Allie is on the roster of approved appraisers for MD. This indicates that we are qualified and approved by the FHA to do appraisals for house loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is a branch 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 security by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Applicable to all buyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lower income or less starting funds to use as a down-payment on a financial transaction are assisted the most from FHA loan programs. |