![]() Need an appraisal for an FHA-backed mortgage? Call Horan & Company, LLC.We assure you that Horan & Company, LLC. is an FHA-approved appraisal company in AK. We're qualified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Horan & Company, LLC. is well-trained on how to work in accordance with the rules and regulations provided. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal agency 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 make sure that the mortgage is secure in case the borrower doesn't pay their loan. Available to all purchasers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower 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. |