Need an appraisal for an FHA-backed mortgage? Call Carolyn Stewart

Carolyn Stewart is AZ state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to call Carolyn Stewart, as we are approved and certified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Carolyn Stewart is well-trained on how to work in accordance with the rules and regulations provided.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is underwritten by them. None of the funds are 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 consumers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and qualifications for lending organizations 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 acutely useful to consumers with less starting income.