Pelican Appraisals, LLC is your FHA certified appraisal companyThe FHA maintains of approved appraisers for each state - Pelican Appraisals, LLC is on the roster of approved appraisers for MS. Pelican Appraisals, LLC is qualified and approved to do appraisal reports for FHA insured financial transactions. A certain amount of the regular training our staff at Pelican Appraisals, LLC completes deals strictly with decoding the FHA's documentation and their rules and procedures. Be sure to contact Pelican Appraisals, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply secures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to help low-to-moderate income purchasers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting money to use as a down-payment on a mortgage are assisted the most from FHA loan programs. |