Need an appraisal for an FHA-backed mortgage? Call Vavrina & Associates, Inc.Rest assured that Vavrina & Associates, Inc. is an FHA-certified appraisal company in MD. If you have an FHA-secured loan, be sure to hire Vavrina & Associates, Inc., as we are approved and qualified to handle FHA reports. A certain amount of the ongoing training our staff at Vavrina & Associates, Inc. undergoes deals strictly with decoding the FHA's documentation and their rules and procedures. If you need an appraisal 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-insured loan, it means it is secured by them. The FHA does not provide funds to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and necessities for lending organizations that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lower income or less starting money to use as a down-payment on a financial transaction are assisted the most from Federal Housing Administration loan programs. |