Need an appraisal for an FHA-backed mortgage? Call Cotrill Realty GroupCotrill Realty Group is OK state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to call Cotrill Realty Group, as we are approved and certified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Cotrill Realty Group is well-trained on how to comply with the rules and regulations provided. Be sure to contact Cotrill Realty Group if you need an appraisal done for an FHA-secured loan. 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-insured loan, it means it is backed by them. The FHA does not loan money to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are built 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. The loan programs that the Federal Housing Administration offers are extremely helpful to consumers with less starting capital. |