Goddard Appraisal Services, LLCGoddard Appraisal Services, LLC is WV state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Goddard Appraisal Services, LLC is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Goddard Appraisal Services, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the money in the loan; the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all buyers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. 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 helpful to those purchasers with less available funding. |