Need an appraisal for an FHA-backed mortgage? Call Alaska Appraisal & Consulting GroupAlaska Appraisal & Consulting Group is AK state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to hire Alaska Appraisal & Consulting Group, as we are approved and qualified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Alaska Appraisal & Consulting Group is well-trained on how to follow the rules and regulations provided. Be sure to contact Alaska Appraisal & Consulting Group if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization 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 organizations with protection with mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to help credit-worthy buyers to meet expectations and requirements 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 provides are exceedingly beneficial to consumers with less starting income. |