Eagle Appraisal Services LLCEagle Appraisal Services LLC is MI state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to call Eagle Appraisal Services LLC, as we are approved and certified to produce FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured 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 financial transaction is an FHA-secured loan, it means it is secured by them. The FHA does not loan capital to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are created to assist low-to-moderate income buyers 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. The loan programs that the Federal Housing Administration provides are extremely useful to consumers with less starting capital. |