Blog

Jun 21 2018

A Home Equity Conversion Mortgage (a reverse mortgage sometimes referred to as HECM) is often considered an avenue for high-equity homeowners to supplement retirement income without selling the home. However, the flexibility of a HECM can also offer funding to make critical improvements or cost-saving upgrades to the home. In fact, an approach that focuses […]

Jun 19 2018

It’s an exciting time in your life. You’ve worked hard, you saved up — you’re considering buying your first home. But the road between first time homebuyers and the dotted line can be full of rookie mistakes. To help you spot these pitfalls before you’re in them, here’s three things to consider when going from […]

Jun 14 2018

If you or a family member is considering a Home Equity Conversion Mortgage, or HECM (also known as a reverse mortgage), you probably know that age is important; after all, FHA requires that borrowers be 62 years old to qualify. But there are other reasons age matters, especially as it relates to what’s called the […]

Jun 12 2018

A down payment can be one of the biggest obstacles to homeownership. But, it doesn’t have to be. Open Mortgage partners with our clients to identify available mortgage options with minimal or zero down payment requirements. Here are some of the ways we help borrowers achieve the dream of homeownership sooner rather than later. USDA […]

Jun 7 2018

With the summer housing market heating up, a sparkling pool or comfortable outdoor kitchen may seem like the key to closing a sale. However, backyard amenities may not live up to expectations, for buyers or sellers, particularly when it comes to completing the transaction. Appraisal Process If you’ve bought a home before, you likely understand […]

Jun 5 2018

No one wants to look out their windows to see a yard filled with brown patches, or pull in their driveway and be greeted by sad, thirsty flowerbeds. While the summer sun can test even the greenest of thumbs, there are some simple steps to give your grass and plantings a fighting chance during the […]

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