Jon Penman

Broker/Owner

NMLS# 308840

801-560-2292

jon@penmanhomeloans.com

Jon Penman Broker/Owner

Blog

Starter Home vs. Forever Home: Making the Right Choice

Starter Home vs. Forever Home: Making the Right Choice

Choosing between a starter home and a forever home represents one of the most significant financial decisions you'll make. Each option offers distinct advantages and challenges that affect your immediate budget, long-term wealth building, and lifestyle fl

Dec 09, 2025 | Purchasing a Home

Inheriting Property with Siblings

Inheriting Property with Siblings

Inheriting a home with siblings creates both emotional and financial challenges. The property represents family memories while simultaneously requiring practical decisions about ownership, expenses, and future use. Understanding your options and approachi

Dec 04, 2025 | Purchasing a Home

Buying a Property with Existing Tenants

Buying a Property with Existing Tenants

It's thrilling to purchase a home, and it becomes even more fascinating when renters are included in the agreement! Buying a home that is already occupied by tenants can result in immediate rental revenue, but it also entails acquiring established tenant

Dec 02, 2025 | Purchasing a Home

Understanding Mortgage Liens and Property Encumbrances

Understanding Mortgage Liens and Property Encumbrances

Property ownership involves more than just holding a deed. Liens and encumbrances represent legal claims or restrictions affecting your property rights. Understanding these concepts protects your investment and prevents complications when selling, refinan

Nov 20, 2025 | Purchasing a Home

Will Home Prices Drop? Understanding Real Estate Market Trends

Will Home Prices Drop? Understanding Real Estate Market Trends

Home prices have risen significantly in recent years, leaving many prospective buyers wondering if waiting for prices to decline makes sense. Understanding market dynamics and your personal financial readiness helps you make informed decisions about when

Nov 12, 2025 | Purchasing a Home

Is a 30-Year Mortgage Right for You?

Is a 30-Year Mortgage Right for You?

Choosing a mortgage term ranks among the most significant financial decisions you'll make as a homebuyer. The 30-year fixed-rate mortgage remains the most popular option, but understanding both its advantages and drawbacks helps you determine if it fits y

Nov 04, 2025 | Purchasing a Home