Jones Appraisal Co. is your FHA certified appraisal companyJones Appraisal Co. is OK state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to contact Jones Appraisal Co., as we are approved and certified to handle FHA appraisals. A certain amount of the ongoing training our staff at Jones Appraisal Co. undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures. If you're in need of an report 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 organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to assist low-to-moderate income buyers 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. Purchasers with lesser income or less starting money to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs. |