Clark Appraisals, Inc. is your FHA certified appraisal company

The FHA keeps a roster of approved appraisers for each state - Clark Appraisals, Inc. is on the roster of approved appraisers for AR. This means that we are qualified and approved by the FHA to do appraisals for house loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your property loan is FHA insured, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Applicable to all purchasers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely helpful to those consumers with less accessible cash.