Need an appraisal for an FHA-backed mortgage? Call Ronald Witcher

Rest assured that Ronald Witcher is an FHA-approved appraisal company in GA. This means that we are certified and approved by the FHA to do reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Ronald Witcher is well-trained on how to work in accordance with the rules and regulations provided.

An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all purchasers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Those with lower income or less starting funds to use as a down-payment on a financial transaction are helped the most from FHA loan programs.