Cox Appraisal Company License # CR61800026 is your FHA certified appraisal companyCox Appraisal Company License # CR61800026 is IN state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to call Cox Appraisal Company License # CR61800026, as we are approved and qualified to produce FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the loan is secure in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and necessities for lenders that 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. Purchasers with lower income or less starting money to put down on a mortgage benefit the most from Federal Housing Administration loan programs. |