Why Pioneer Valley home buyers should apply for FHA loans before spring Reply

Pioneer Valley home buyers may want to consider calling their local lender and getting themselves approved for a FHA mortgage and assigned a FHA case number before April 1, 2013.  Federal Housing Administration mortgages, also known as FHA loans, are about to become more expensive over the term of the loan than conventional mortgages as part of an effort to bolster FHA’s capital reserves.