KM Appraisals LLC is ready for your FHA mortgagesThe FHA publishes a list of approved appraisers for each state - KM Appraisals LLC is on the roster of approved appraisers for MD. If you have an FHA-secured mortgage, be sure to call KM Appraisals LLC, as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at KM Appraisals LLC is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact KM Appraisals LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to assist low-to-moderate income buyers help meet credit requirements if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly beneficial to those buyers with less accessible starting capital. |