Need an appraisal for an FHA-backed mortgage? Call Evaluating Property in the MidSouth (EPM)

The FHA maintains a list of approved appraisers for each state - Evaluating Property in the MidSouth (EPM) is on the roster of approved appraisers for Mississippi.  This means that we are qualified and approved by the FHA to do reports for home loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

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-insured loan, it means it is backed by them. The lending organization provides all the funds being borrowed - the FHA simply secures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to help low-to-moderate income buyers by easing credit requirements. Unlike the VA appraiser panel, the lending agency working with FHA is allowed to pick the appraiser.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are extremely useful to consumers with minimal starting capital.