M.D. Bell and Company can do FHA work

The FHA publishes a list of approved appraisers for each state - M.D. Bell and Company is on the roster of approved appraisers for AL. This indicates that we are qualified and approved by the FHA to do appraisal reports for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at M.D. Bell and Company is well-trained on how to work in accordance with the rules and regulations provided.

If your financial transaction is FHA insured, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

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 provides are excessively helpful to purchasers with less starting income.