Need an appraisal for an FHA-backed mortgage? Call Kim Allen Appraisals

We are happy to say that Kim Allen Appraisals is an FHA-certified appraisal firm in OK. If you have an FHA-secured loan, be sure to contact Kim Allen Appraisals, as we are approved and qualified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Kim Allen Appraisals is well-trained on how to work in accordance with the rules and regulations provided.

If your financial transaction is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to aid low-to-moderate income purchasers help meet credit requirements 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 acutely helpful to purchasers with less starting income.