Corey Hoch Appraisal Services, LLC is your FHA certified appraisal companyThe FHA maintains of approved appraisers for each state - Corey Hoch Appraisal Services, LLC is on the roster of approved appraisers for MD. This means that we are certified and approved by the FHA to do appraisal reports for property loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income buyers help meet credit qualifications if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting money to put down on a financial transaction are assisted the most from FHA loan programs. |