Need an appraisal for an FHA-backed mortgage? Call Crowe Appraisals

We are happy to say that Crowe Appraisals is an FHA-certified appraisal company in OK. This means that we are qualified and approved by the FHA to do appraisals for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Crowe Appraisals is well-trained on how to work in accordance with the rules and regulations provided.

Be sure to contact Crowe Appraisals 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 financial transaction is an FHA-insured loan, it means it is secured by them. The lending company provides all the money in the loan; the FHA simply insures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income consumers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and qualifications for lending agencies that 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. The loan programs that the Federal Housing Administration provides are excessively helpful to buyers with less starting capital.