David Seidel is approved for FHA mortgagesDavid Seidel is MD state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to contact David Seidel, as we are approved and certified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at David Seidel is well-trained on how to work in accordance with the rules and regulations provided. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. If your loan is FHA approved, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower doesn't pay their loan. Available to all homebuyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lesser 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. |