Need an appraisal for an FHA-backed mortgage? Call Berlin Appraisal CompanyThe FHA retains of approved appraisers for each state - Berlin Appraisal Company is on the roster of approved appraisers for MD. This indicates that we are certified and approved by the FHA to do appraisal reports for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Berlin Appraisal Company is well-trained on how to follow the rules and regulations provided. Be sure to contact Berlin Appraisal Company if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lenders with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are built to assist low-to-moderate income buyers help meet credit requirements if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lesser income or less starting funds to put down on a loan are helped the most from FHA loan programs. |