Crowe AppraisalsCrowe Appraisals is OK state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do reports for home loans backed by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Crowe Appraisals is well-trained on how to comply with the rules and regulations provided. Be sure to contact Crowe Appraisals if you need an appraisal done for an FHA-secured loan. If your property loan is FHA certified, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are built to aid low-to-moderate income homebuyers 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. Purchasers with lower income or less starting money to use as a down-payment on a financial transaction benefit the most from FHA loan programs. |