Astute Appraisals, Inc.

The FHA keeps a roster of approved appraisers for each state - Astute Appraisals, Inc. is on the roster of approved appraisers for MD. This means that we are certified and approved by the FHA to do reports for home loans underwritten by them. A portion of the periodic training our staff at Astute Appraisals, Inc. completes deals exclusively with understanding the FHA's documentation and their rules and procedures.

If you need an report for an FHA loan, please contact us, and we'll be able to help you right away.

If your property loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and qualifications for lending agencies that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lower income or less starting money to use as a down-payment on a loan are assisted the most from FHA loan programs.