Need an appraisal for an FHA-backed mortgage? Call Tye Appraisal

The FHA keeps a roster of approved appraisers for each state - Tye Appraisal is on the roster of approved appraisers for OK. This indicates that we are qualified and approved by the FHA to do reports for house loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.

If your loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are formed to assist low-to-moderate income buyers help meet credit expectations 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 incredibly beneficial to buyers with less starting capital.