Need an appraisal for an FHA-backed mortgage? Call Evergreen Appraisal, LLCWe confidently state that Evergreen Appraisal, LLC is an FHA-approved appraisal service in MI. We are certified and approved to do reports for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Evergreen Appraisal, LLC 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 loan, it means it is underwritten by them. No part of 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. The FHA and their loan programs are built to benefit low-to-moderate income consumers help meet credit qualifications if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting money to use as a down-payment on a financial transaction are helped the most from Federal Housing Administration loan programs. |