EAAE Consulting, Inc, can do FHA appraisals

Rest assured that EAAE Consulting, Inc, is an FHA-approved appraisal company in VA. We are qualified and approved to do reports for FHA insured loans. Part of the continuing training our staff at EAAE Consulting, Inc, completes deals strictly with comprehending the FHA's documentation and their rules and procedures.

Be sure to contact EAAE Consulting, Inc, if you need an appraisal done for an FHA-secured loan.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is secured by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. Accessible to all purchasers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lesser income or less starting funds to put down on a loan are assisted the most from Federal Housing Administration loan programs.