Clayton Home Appraisals, inc. is your FHA certified appraisal company

The FHA keeps a roster of approved appraisers for each state - Clayton Home Appraisals, inc. is on the roster of approved appraisers for MD. If you have an FHA-insured mortgage, be sure to hire Clayton Home Appraisals, inc., as we are approved and certified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your house loan is FHA certified, that means that it has been guaranteed by the FHA, which is part 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 make sure that the loan is insured in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and requirements for lending organizations that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly helpful to those consumers with less available starting capital.