Edmond Appraisal Group, LLCEdmond Appraisal Group, LLC is OK state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisals for home loans insured by them. A certain amount of the regular training our staff at Edmond Appraisal Group, LLC completes deals strictly with comprehending the FHA's documentation and their rules and procedures. If you need an appraisal 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 agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to benefit 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. FHA loan programs are extremely beneficial to those consumers with less available starting capital. |