Alaska Appraisal & Consulting Group is your FHA certified appraisal company

Alaska Appraisal & Consulting Group is AK state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do appraisals for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Alaska Appraisal & Consulting Group is well-trained on how to work in accordance with the rules and regulations provided.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply secures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are built to help low-to-moderate income consumers help meet credit qualifications if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lesser income or less starting capital to put down on a financial transaction are assisted the most from Federal Housing Administration loan programs.