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

Rest assured that Metropolitan Real Estate Appraisal Service, Inc. is an FHA-approved appraisal service in MD. This means that we are certified and approved by the FHA to do appraisals for house loans backed by them. A certain amount of the continuing training our staff at Metropolitan Real Estate Appraisal Service, Inc. undergoes deals precisely with comprehending the FHA's documentation and their rules and procedures.

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-secured loan, it means it is underwritten by them. The FHA does not provide funds to borrowers, rather, it provides lending organizations with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are built to aid low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are incredibly helpful to purchasers with less starting capital.