Need an appraisal for an FHA-backed mortgage? Call Astra Appraisal Services

We are happy to say that Astra Appraisal Services is an FHA-certified appraisal practice in TX. This indicates that we are qualified and approved by the FHA to do appraisals for property loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply secures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Accessible to all buyers, FHA loan programs are built to assist 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. Consumers with lesser income or less starting capital to use as a down-payment on a loan benefit the most from Federal Housing Administration loan programs.