DL Kearney Real Estate Appraisers is approved for FHA mortgagesRest assured that DL Kearney Real Estate Appraisers is an FHA-certified appraisal company in MD. This indicates that we are certified and approved by the FHA to do appraisals for house loans insured by them. Part of the periodic training our staff at DL Kearney Real Estate Appraisers completes deals exclusively with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is backed by them. The lender provides all the money in the loan; the FHA simply insures the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are created to aid low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting capital to put down on a mortgage benefit the most from FHA loan programs. |