![]() Need an appraisal for an FHA-backed mortgage? Call Watson Appraisal Service, LLCRest assured that Watson Appraisal Service, LLC is an FHA-certified appraisal firm in OK. Watson Appraisal Service, LLC is qualified and approved to do appraisal reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Watson Appraisal Service, LLC is well-trained on how to follow 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 agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is secured by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all buyers, FHA loan programs are designed to help 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. The loan programs that the FHA offers are extremely useful to buyers with less starting capital. |