Martin & Associates is available for your FHA work

Martin & Associates is VA state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do reports for house loans insured by them. Part of the continuing training our staff at Martin & Associates undergoes deals strictly with decoding the FHA's documentation and their rules and procedures.

If your loan is FHA certified, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are designed to benefit low-to-moderate income consumers help meet credit qualifications if 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. Purchasers with lesser income or less starting money to use as a down-payment on a financial transaction are assisted the most from FHA loan programs.