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Need an appraisal for an FHA-backed mortgage? Call Bob Hayes Real Estate Appraiser

Bob Hayes Real Estate Appraiser is Alaska state certified and on the FHA Roster of approved residential appraisers.  If you have an FHA-secured loan, be sure to call Bob Hayes Real Estate Appraiser, as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Bob Hayes Real Estate Appraiser is well-trained on how to comply with the rules and regulations provided.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA. What the FHA does is ensure that the mortgage is taken care of in case the borrower doesn't pay their loan. Accessible to all consumers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Remember that the lender approving a loan associated with the Federal Housing Administration is allowed to select their appraisers, different from VA appraisal panel.

Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lesser incomes or less starting capital to use as a down-payment on a mortgage are assisted the most from Federal Housing Administration loan programs.