Wilson & Associates is your FHA certified appraisal companyThe FHA maintains of approved appraisers for each state - Wilson & Associates is on the roster of approved appraisers for MD. If you have an FHA-insured mortgage, be sure to get with Wilson & Associates, as we are approved and certified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Wilson & Associates is well-trained on how to comply with the rules and regulations provided. Be sure to contact Wilson & Associates if you need an appraisal done for an FHA-secured loan. If your property loan is FHA approved, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply secures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and qualifications for lending agencies that 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 FHA offers are extremely helpful to consumers with less starting income. |