Need an appraisal for an FHA-backed mortgage? Call Baseline Appraisal Services

Baseline Appraisal Services is NH state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Baseline Appraisal Services is well-trained on how to work in accordance with the rules and regulations provided.

Be sure to contact Baseline Appraisal Services if you need an appraisal done for an FHA-secured loan.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is secured by them. The FHA does not loan money to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and requirements for lending organizations that 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 FHA provides are acutely useful to buyers with less starting income.