My Appraisers, Inc.

My Appraisers, Inc. is OK state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisals for home loans backed by them. A certain amount of the continuing training our staff at My Appraisers, Inc. completes deals exclusively with understanding the FHA's documentation and their rules and procedures.

Be sure to contact My Appraisers, Inc. if you need an appraisal done for an FHA-secured loan.

An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). 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. Available to all consumers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lower income or less starting capital to put down on a mortgage benefit the most from FHA loan programs.