Arctic Sky Appraisals LLC is your FHA certified appraisal companyWe are happy to say that Arctic Sky Appraisals LLC is an FHA-approved appraisal service in AK. If you have an FHA-secured mortgage, be sure to get with Arctic Sky Appraisals LLC, as we are approved and qualified to produce FHA appraisals. Part of the continuing training our staff at Arctic Sky Appraisals LLC undergoes deals precisely with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is backed by them. The lending organization provides all the money in the loan; the FHA simply insures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are created to help low-to-moderate income purchasers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting funds to use as a down-payment on a financial transaction are helped the most from Federal Housing Administration loan programs. |