“Yes, we can do a FHA Construction Mortgage for You”

“Yes, we can do a FHA Construction Mortgage for You”



Hi Joe, So grateful for George. It was great talking to you, I'm inspired. I'll have Tim call ASAP.


This prospective client has been calling lenders and banks for a few weeks looking for a FHA construction loan. We actually just closed one a week ago. Are they easy to do, hell no. But we can do them. The paperwork and the hoops are a pain, but we are willing to do the work necessary to do them.


The loan that we just closed took 4 months to complete. Twice as long as it should have, but the lender told me we got through the system quicker than most. The bottom line, this is a mortgage product that we can do.


We can also do, VA, USDA and Conventional construction loans as well and can do them in CT, MA, RI, ME, VT, NH, NY and FL.


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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 18 commentsJoe Petrowsky • February 19 2016 07:06AM


Good morning Joe.  Just another ho-hum problem solved from you.   

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty) over 4 years ago

Good morning Joe Petrowsky . It seems as there isn't a mortgage problem you do not have the solution for.

Posted by TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029 (Complete Home Inspections, Inc.) over 4 years ago

Good morning Joe Petrowsky ,

Of course you can do them because its more about helping someone out and on the road to home ownership than the time and effort. Good for you!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker Realty ~ 512.750.6899) over 4 years ago

Hi Joe.  Does FHA and VA still require different inspections as the construction is ongoing?

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 4 years ago

Glad you are able to help them.  Maybe they need to update their processes to speed things up.

Posted by Women of Westchester Working Together, Women helping Women get ahead (Women of Westchester Working Together) over 4 years ago

Joe, before the time of the Big Box Stores, there would always be a neighborhood store run by someone that knew everything in the store and could fix almost every little issue a customer could have.  You are that store for mortgages

Posted by Ed Silva, Central CT Real Estate Broker Serving all equally (Mapleridge Realty, CT 203-206-0754 ) over 4 years ago

Your clients are fortunate to be working with you. Good luck.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) over 4 years ago

Good morning Joe. Patience and determination play a big part! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) over 4 years ago

Of COURSE you can do it! I didn't realize they took so long - as I haven't ever been involved in an FHA construction loan - but this is definitely great information to have.

Posted by Kat Palmiotti, The House Kat (406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty) over 4 years ago

Joe, this information may be helpful.  Helping a buyer now with a land purchase for a custom home down the road.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) over 4 years ago

Good Morning Joe - just an example of how you can help anyone get their loan.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) over 4 years ago

Construction loans can be popular for many buyers. Your experience in the many different loans sets you apart from other Lenders.

Posted by ba`B Ratliff, "Sold with Bob" (Robert Ratliff Realty) over 4 years ago

Joe Petrowsky did I understand your remarks correctly? Is there a USDA construction product?

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 4 years ago

Good morning, Joe --- mortgage problem, situation or issue need to be resolved? You're the guy who can make it happen.  

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 over 4 years ago

Joe, I feel than many lenders don't do them because they don't want to put in the work. They go after the low hanging fruit.

Posted by Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate (KD Realty - 408.972.1822) over 4 years ago

Joe that is a long time to get a loan done.  Got to give you credit for sticking with it.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 4 years ago

All I can say is that I wish you had a license in Tennessee. I love that you have the patience to help people.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) over 4 years ago

Joe Petrowsky Congratulations on another successful mortgage closing.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 4 years ago