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Mortgage and Lending - Veritas Funding, SLC, UT - NMLS #231319
First Time Homebuyers, Utah mortgage, real estate, technology, government lending, FHA, VA, Utah Housing, Conventional, Jumbo, Joe Libin, Graystone Mortgage, personal, finance, cottonwood, holladay, west jordan, south jordan, sandy, draper, salt lake city, sugarhouse, utah



Most folks know that FHA requires an Upfront Mortgage Insurance Premium (UFMIP) in addition to the monthly mortgage insurance for a government loan.  On Thursday, January 21st, HUD announced an increase of this premium from the current 1.75% to 2.25% for FHA loans for which the case number is ass...
So who knew the IRS worked on weekends?  Especially on the MLK holiday weekend?  As a follow up to previous posts regarding the lack of availability of the revised IRS form 5405 (see reposted blog below).  The IRS put up the new form on their site this last Saturday, January 16th.  see here...  h...
Most folks know that FHA requires 91 days to pass before a contract can be written on a property that has changed ownership in order for the buyer to qualify for an FHA loan.  This is called the "90 Day Rule" and is designed to "protect FHA borrowers against predatory practices of ‘flipping' wher...
*** Today's news from the IRS - the release date of the updated IRS Form 5405 changes from January 8th, 2010 to "soon". ***  See here..   Anyone care to elaborate on what that means? (Below please read blog dated 1/04/10 which shows the original...
Read Randy's comments on the BCS - other than the "it's tradition" argument - wouldn't you agree that a playoff system just makes sense?It makes me crazy once again this year we have two undefeated teams and the BCS champion can't really claim the National Championship because there is no playoff...
From Michael Port's Book Yourself Solid the following excerpt is an old fable (author unknown) demonstrating the futility of trying to please all the people all the time....enjoy! An old man, a boy and a donkey were going to town.  The boy rode on the donkey and the old man walked beside him.  As...
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Yikes!  The IRS is at it again.  I've been having my first time home buyers visit my CPA referral partner to re-file amended 2008 tax returns to claim the $8000 tax credit - averaging about six to eight weeks to get their money.  Throughout 2009 everything was working like a honey until..... Nove...
Even though the holidays are over and the lights will come down soon... this is just an excellent shot from the old Hotel Utah (aka the Joseph Smith Memorial Building) by my friend Randy DeLaMare.  All things being equal, we have a beautiful, safe downtown that offers exceptional access and shou...

Joe Libin

Veritas Funding NMLS #843779 & #252108
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