Guerra Group Valuation & Consulting, Inc.

The FHA retains of approved appraisers for each state - Guerra Group Valuation & Consulting, Inc. is on the roster of approved appraisers for FL. We are certified and approved to do appraisal reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Guerra Group Valuation & Consulting, Inc. is well-trained on how to work in accordance with the rules and regulations provided.

An FHA loan is insured 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 funds are provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lenders that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lesser income or less starting funds to use as a down-payment on a loan are helped the most from FHA loan programs.