Astute Appraisals, Inc.

Astute Appraisals, Inc. is MD state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to hire Astute Appraisals, Inc., as we are approved and qualified to handle FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is underwritten by them. None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and qualifications for lending agencies that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting funds to put down on a mortgage are assisted the most from FHA loan programs.