Feyen Appraisal is your FHA certified appraisal companyWe assure you that Feyen Appraisal is an FHA-certified appraisal firm in MI. If you have an FHA-secured mortgage, be sure to get with Feyen Appraisal, as we are approved and certified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Feyen Appraisal is well-trained on how to follow the rules and regulations provided. Be sure to contact Feyen Appraisal 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 loan is an FHA-secured loan, it means it is backed by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are designed to help low-to-moderate income buyers help meet credit expectations 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 purchasers with less accumulated cash. |