Need an appraisal for an FHA-backed mortgage? Call BRW Real Estate ServicesThe FHA retains of approved appraisers for each state - BRW Real Estate Services is on the roster of approved appraisers for MD. This means that we are qualified and approved by the FHA to do appraisal reports for house loans insured by them. A portion of the continuing training our staff at BRW Real Estate Services completes deals strictly with understanding the FHA's documentation and their rules and procedures. Be sure to contact BRW Real Estate Services if you need an appraisal done for an FHA-secured 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 loan is an FHA loan, it means it is backed by them. The lending company provides all the money in the loan; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. Available to all buyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly helpful to those homebuyers with less available cash. |