Easter Appraisal Services is available for your FHA workRest assured that Easter Appraisal Services is an FHA-approved appraisal firm in AL. We are certified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Easter Appraisal Services is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Easter 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 financial transaction is an FHA-secured loan, it means it is underwritten by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting capital to put down on a mortgage are assisted the most from Federal Housing Administration loan programs. |