Crowe Appraisals is your FHA certified appraisal companyThe FHA publishes a list of approved appraisers for each state - Crowe Appraisals is on the roster of approved appraisers for OK. This indicates that we are certified and approved by the FHA to do reports for property loans underwritten by them. A certain amount of the periodic training our staff at Crowe Appraisals completes deals precisely with understanding the FHA's documentation and their rules and procedures. Be sure to contact Crowe Appraisals if you need an appraisal done for an FHA-secured loan. An FHA loan is insured 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 loaned money; the FHA simply backs the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to assist 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. Buyers with lower income or less starting money to use as a down-payment on a financial transaction are assisted the most from Federal Housing Administration loan programs. |