Crown Appraisal Services is approved for FHA mortgagesCrown Appraisal Services is an FHA-approved appraisal company in OR. If you have an FHA-secured mortgage, be sure to get with Crown Appraisal Services , as we are approved and certified to produce FHA reports. A portion of the continuing training our staff at Crown Appraisal Services undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured 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 financial transaction is an FHA loan, it means it is insured by them. The FHA does not loan capital to borrowers, rather, it provides lenders with security with mortgage insurance in case the borrower defaults on his or her financial obligations. Available to all consumers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly helpful to those buyers with less accumulated starting capital. |