Brian Picker

FHA Condo Rules Make Selling Many Condos Difficult

November 4th, 2011

Recently, there were changes made to the FHA condo regulations on which projects can be FHA insured or not. According to a Washington Post rundown of the changes, a major one is the "spot approval" that used to be acceptable to be eligible for an FHA loan. Another article goes more in depth on the [...]

First Time Buyer $7500 Grant Federal Home Loan Bank is Back!

February 4th, 2011

Federal Home Loan Bank's $7,500 First Time Buyer Grant is back for many qualifying individuals. Brian Picker, one of my mortgage partners from 1st Mariner Mortgage, announced the return of the program and his company's involvement in it. Here are particulars on the grant qualifications from the information he sent over to me: Details: •            [...]

FHA Condo Approval Expiration Dates Extended

December 8th, 2010

FHA Condo approval expiration dates were extended by the FHA, and this news shared by one of my mortgage partners, Brian Picker, of 1st Mariner Mortgage Corporation. Thank you, Brian! From Brian Picker, 1st Mariner Mortgage: Big news as older FHA condo projects were set to expire yesterday which would have been a nightmare for [...]