Need an appraisal for an FHA-backed mortgage? Call Metropolitan Real Estate Appraisal Service, Inc.

The FHA retains of approved appraisers for each state - Metropolitan Real Estate Appraisal Service, Inc. is on the roster of approved appraisers for MD. This means that we are qualified and approved by the FHA to do appraisal reports for property loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Metropolitan Real Estate Appraisal Service, Inc. if you need an appraisal done for an FHA-secured loan.

An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. 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 paid for in case the borrower doesn't pay their loan. Available to all homebuyers, FHA loan programs are formed 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. Buyers with lesser income or less starting capital to put down on a loan are helped the most from Federal Housing Administration loan programs.