Windstone Appraisal Service, LLCWindstone Appraisal Service, LLC is AZ state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do appraisals for FHA secured financial transactions. A certain amount of the ongoing training our staff at Windstone Appraisal Service, LLC undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Windstone Appraisal Service, LLC if you need an appraisal done for an FHA-secured loan. If your loan is FHA insured, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and necessities for lending agencies 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 particularly beneficial to those homebuyers with less accumulated cash. |