Stone Appraisal Service

The FHA retains a roster of approved appraisers for each state - Stone Appraisal Service is on the roster of approved appraisers for Arkansas.  This indicates that we are qualified and approved by the FHA to do reports for property loans backed by them. A certain amount of the ongoing training our staff at Stone Appraisal Service undergoes deals strictly with decoding the FHA's documentation and their rules and procedures.

If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers. Rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all consumers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Remember that the lender approving a loan backed by the FHA is authorized to choose which appraisers they work with, unlike the VA appraisal panel.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lower incomes or less starting money to put down on a loan benefit the most from Federal Housing Administration loan programs.