Barnes Appraisal Company is your FHA certified appraisal companyRest assured that Barnes Appraisal Company is an FHA-certified appraisal company in OK. If you have an FHA-insured loan, be sure to contact Barnes Appraisal Company, as we are approved and qualified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Barnes Appraisal Company is well-trained on how to comply with the rules and regulations provided. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is backed by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. Available to all purchasers, FHA loan programs are designed to assist 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. FHA loan programs are incredibly useful to those consumers with less available funding. |