Robin Kristopher Eckman can do FHA workRobin Kristopher Eckman is MD state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do reports for FHA secured loans. Part of the ongoing training our staff at Robin Kristopher Eckman receives deals exclusively with understanding the FHA's documentation and their rules and procedures. Be sure to contact Robin Kristopher Eckman if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is backed by them. The lender takes care of all the loaned money; the FHA simply backs the transaction through mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those buyers with less accumulated funding. |