Need an appraisal for an FHA-backed mortgage? Call Wendi Herda

Wendi Herda is AZ state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisals for property loans insured by them. A certain amount of the regular training our staff at Wendi Herda completes deals exclusively with understanding the FHA's documentation and their rules and procedures.

An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her 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 consumers to meet expectations and necessities for lending agencies that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are excessively useful to consumers with less starting income.