Cynthia Wood Real Estate Appraiser is approved for FHA appraisalsThe FHA retains of approved appraisers for each state - Cynthia Wood Real Estate Appraiser is on the roster of approved appraisers for SC. This indicates that we are qualified and approved by the FHA to do appraisals for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Cynthia Wood Real Estate Appraiser is well-trained on how to comply with the rules and regulations provided. Be sure to contact Cynthia Wood Real Estate Appraiser if you need an appraisal done for an FHA-secured loan. If your home loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to benefit low-to-moderate income homebuyers help meet credit qualifications if 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. The loan programs that the Federal Housing Administration provides are acutely beneficial to consumers with less starting capital. |