Mortgage answers
in plain English.
Straightforward guides to reverse mortgages, buying your first home and what you can afford — written by Kenny Farshchian's team.
Reverse mortgages
Does the Bank Own My Home with a Reverse Mortgage?
No. With a reverse mortgage you keep the title and ownership of your home. The lender has a lien for the loan balance, which is repaid when the last borrower sells, moves out permanently or passes away.
Reverse Mortgages: A Beginner's Guide for Utah & Florida Homeowners
A reverse mortgage lets homeowners 62+ turn part of their home equity into cash with no required monthly mortgage payment. You keep ownership, must live in the home and keep paying taxes and insurance, and the loan is repaid when you sell, move out or pass away.
Where to Get a Reverse Mortgage in Utah or Florida
Reverse mortgages are offered by FHA-approved lenders and mortgage companies that specialize in them. Look for a licensed loan officer with reverse mortgage experience, clear written cost estimates and a patient, no-pressure approach.
How to Apply for a Reverse Mortgage: Step by Step
Applying for a reverse mortgage takes six main steps: an initial consultation, HUD-approved counseling, the application, an appraisal, underwriting and a financial assessment, then closing and receiving your funds.
Buying a home
How Much Mortgage Can I Afford?
What you can afford depends on your income, monthly debts (your debt-to-income ratio), down payment, credit and the full monthly cost of the home — including taxes, insurance, HOA dues and mortgage insurance. A pre-approval gives you a reliable number.
How to Find the Best Loan Rates for Your First Home in Ogden
Your mortgage rate depends on your credit score, down payment, loan type, loan term and whether you pay points. Improving your credit, comparing loan types and comparing official Loan Estimates are the best ways to get a better rate on your first Ogden home.
Buying a Home for Your Gen Z Kid: What Parents Should Know
Parents can help a Gen Z child become a homeowner by gifting down payment funds, co-borrowing, or buying the home themselves. It can build equity early and teach financial responsibility — but each option has different loan, tax and ownership implications.