Need an appraisal for an FHA-backed mortgage? Call Miller Appraisal Services, LLC
The FHA keeps the rolls of approved appraisers for each state - Miller Appraisal Services, LLC is on the roster of approved appraisers for Oklahoma.
Miller Appraisal Services, LLC is qualified and approved to do appraisals for FHA insured loans.
FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Miller Appraisal Services, LLC is well-trained on how to follow the rules and regulations provided.
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If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. |
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An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD).
The lending company provides all the financing - the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her loan.
The FHA and their loan programs are formed to help low-to-moderate income buyers by easing credit expectations.
Different from the VA appraiser panel, the lending agency working with Federal Housing Administration has the ability to select the appraiser.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
FHA loan programs are extremely beneficial to those buyers with less accessible cash.
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