Need an appraisal for an FHA-backed mortgage? Call Certified General Appraisal ServiceThe FHA retains of approved appraisers for each state - Certified General Appraisal Service is on the roster of approved appraisers for MD. If you have an FHA-secured mortgage, be sure to contact Certified General Appraisal Service, as we are approved and certified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Certified General Appraisal Service is well-trained on how to comply with the rules and regulations provided. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lender provides all the money in the loan; the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to aid 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. The loan programs that the Federal Housing Administration offers are excessively helpful to purchasers with less starting income. |