bres, inc. is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - bres, inc. is on the roster of approved appraisers for OK. If you have an FHA-mortgage, be sure to get with bres, inc., as we are approved and certified to produce FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at bres, inc. is well-trained on how to comply with the rules and regulations provided. 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 loan is an FHA-secured loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all consumers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lesser income or less starting funds to put down on a loan are helped the most from FHA loan programs. |