Jerry M. Dixon, AppraiserJerry M. Dixon, Appraiser is OK state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do reports for FHA secured financial transactions. Part of the continuing training our staff at Jerry M. Dixon, Appraiser completes deals strictly with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Jerry M. Dixon, Appraiser if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and qualifications for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are extremely helpful to buyers with less starting income. |