Need an appraisal for an FHA-backed mortgage? Call Seth Martin

We are happy to say that Seth Martin is an FHA-approved appraisal provider in OK. This indicates that we are certified and approved by the FHA to do reports for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Seth Martin is well-trained on how to work in accordance with the rules and regulations provided.

Be sure to contact Seth Martin if you need an appraisal done for an FHA-secured loan.

If your home loan is FHA approved, that means that it has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and requirements for lenders that 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. FHA loan programs are incredibly helpful to those buyers with less available cash.