Need an appraisal for an FHA-backed mortgage? Call Bryan MartinThe FHA keeps a roster of approved appraisers for each state - Bryan Martin is on the roster of approved appraisers for ME. We are certified and approved to do appraisal reports for FHA insured financial transactions. A portion of the periodic training our staff at Bryan Martin completes deals strictly with understanding the FHA's documentation and their rules and procedures. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is underwritten by them. The FHA does not loan funds to borrowers, rather, it provides lenders with safety through mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all consumers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration provides are incredibly useful to purchasers with less starting income. |