Crowe AppraisalsWe assure you that Crowe Appraisals is an FHA-certified appraisal practice in OK. If you have an FHA-secured loan, be sure to contact Crowe Appraisals, as we are approved and qualified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply secures the loan through 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 homebuyers help meet credit expectations if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely useful to those purchasers with less accumulated cash. |