Venice, Florida
reverse mortgage specialist
Venice is one of the Gulf Coast's favorite places to retire — and many homeowners here are looking for ways to make retirement more comfortable without leaving the home they love.
Kenny Farshchian specializes in reverse mortgages and walks Venice homeowners and their families through every detail, with no pressure and plenty of time for questions.
How Kenny helps in Venice
Reverse mortgages
Kenny's specialty — retirement income from your home equity, no monthly mortgage payment.*
Learn moreBuying a home
Fast pre-approvals and a clear plan from offer to keys.
Learn moreRefinance & cash-out
Lower your payment, shorten your term or tap your equity.
Learn moreReverse mortgages on the Gulf Coast
A reverse mortgage can pay off an existing mortgage, provide monthly income or create a line of credit you draw on only when needed.* Moving to Venice? A HECM for Purchase lets buyers 62 and older purchase a new primary residence with a reverse mortgage, using a significant down payment and no required monthly mortgage payment afterward.
Coastal homeownership comes with real costs. With any reverse mortgage you must keep paying property taxes and homeowners insurance, and flood insurance is required if the home is in a designated flood zone. Kenny will factor these into the plan so there are no surprises.
Why work with Kenny in Venice
- One loan officer from application to closing
- Options compared side by side in plain English
- Proactive updates for you and your agent
- Licensed in Florida
Venice mortgage FAQs
Can I use a reverse mortgage to buy a home in Venice?
Yes. A HECM for Purchase lets borrowers 62 and older buy a new primary residence by combining a down payment with reverse mortgage proceeds.
Does a reverse mortgage cover my homeowners and flood insurance?
No. You remain responsible for insurance and property taxes. In some cases funds can be set aside from the loan for these costs. Kenny will explain the options.
Also serving nearby
Nokomis · Osprey · North Port · Englewood · Sarasota
Other areas Kenny serves
*Reverse mortgage borrowers must live in the home as their primary residence, continue to pay property taxes, homeowners insurance and HOA dues, and maintain the home. The loan becomes due when the last borrower no longer lives in the home. These materials are not from, nor approved by, HUD, FHA or any government agency.