Need an appraisal for an FHA-backed mortgage? Call Eagle Appraisal ServicesEagle Appraisal Services is NY state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do appraisals for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to help low-to-moderate income purchasers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those buyers with less accessible cash. |