Is an FHA Loan Right For Me?

fha

With the resurgence of FHA home loans, many home owners are wondering if they can benefits from an FHA loan. The truth is that you may or may not benefit by converting your existing loan into an FHA loan when you refinance.

Some of the factors that can determine if an FHA loan is right for you:

  • Loan To Value
  • Home Value
  • Size of Existing Loan
  • Credit Score
  • Amount of Cash You Want to Take Out

With the many changes that have occurred with FHA loans, it is possible that even if you didn’t qualify six months ago, there may be a loan program that is right for you.

One of our mortgage professionals can help you determine if an FHA loan is right for you quickly with no costs.

Comments

One Response to “Is an FHA Loan Right For Me?”

  1. S. Jones on June 15th, 2010 11:02 am

    Hello, I am proud new first time homebuyer as of 5/26/10. I came across Village Capital searching the website for a mortgage company that handles Fha Loans and a loan officer who specializes in these types of loans. The loan officer who responded back to me was Steve Campagna and I am very, very gratefuly of this.
    I was very nervous and wasn’t sure if buying a home right now was right for me. But, Steve explained everything in detail from the type of loan I was interested in down to the buying process from beginning to end. Every question I had he was able to answer.
    I was stressed throughout the process of searching for a home because of all the short sales on the market, but when I finally found the one, Steve made the process move along so quickly and smooth. He always kept me informed on a daily basis of what was going on and what the next step would be. I expressed to him how quickly I needed to move into my new home, and he worked just as fast to make this possible! My realtor and attorney didn’t think it was possible for me to close as quickly as I needed to, but having Steve as my loan officer he told me “he can do it”, I had faith, and he “DID IT”!
    My family and I can’t express our Thanks enough to the team @ Village Capital who made us proud new homeowners, and most importantly many thanks to Steve Campagna who worked like a “PIT BULL” to make this possible! I would definitely recommend Village Capital and Steve as your loan officer to anyone who’s looking to buy..

    Sincerely,
    S. Jones
    Irvington, NJ

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