Beatty Appraisals is your FHA certified appraisal companyThe FHA publishes a list of approved appraisers for each state - Beatty Appraisals is on the roster of approved appraisers for MD. We're qualified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Beatty Appraisals is well-trained on how to follow the rules and regulations provided. Be sure to contact Beatty Appraisals if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA insured, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all purchasers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lower income or less starting funds to use as a down-payment on a loan are assisted the most from Federal Housing Administration loan programs. |