Carlson Appraisal Service is your FHA certified appraisal company

The FHA retains of approved appraisers for each state - Carlson Appraisal Service is on the roster of approved appraisers for MD. This means that we are qualified and approved by the FHA to do appraisals for house loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Carlson Appraisal Service is well-trained on how to follow the rules and regulations provided.

If your property loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and necessities for lending agencies that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely useful to those buyers with less accumulated funding.