Biddle Appraisals, LLCThe FHA maintains of approved appraisers for each state - Biddle Appraisals, LLC is on the roster of approved appraisers for OH. If you have an FHA-loan, be sure to get with Biddle Appraisals, LLC, as we are approved and qualified to produce FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Biddle Appraisals, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply secures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to benefit 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. The loan programs that the Federal Housing Administration offers are incredibly helpful to buyers with less starting capital. |