Crockett Appraisal Service, Inc. is approved for FHA work
Rest assured that Crockett Appraisal Service, Inc. is an FHA-certified appraisal firm in CO. If you have an FHA-mortgage, be sure to hire Crockett Appraisal Service, Inc., as we are approved and qualified to handle FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact Crockett Appraisal Service, Inc. 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 loan is an FHA loan, it means it is insured by them. The FHA does not provide funds to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower defaults on his or her loan obligations. Available to all homebuyers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA offers are excessively helpful to buyers with less starting capital.