Blog

Sep 16 2021
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While seasonal trends are slowing the pace, home prices continue to rise in many markets. Fortunately, there are ways to minimize the costs of homeownership, especially for first-time buyers with flexibility. If you’re interested in making the jump from being a renter to a buyer but don’t have the budget for your dream home, innovative […]
Sep 16 2021
News Alert
Open Mortgage, a national multi-channel mortgage lender dedicated to empowering the dream of homeownership, was honored as a finalist of the 2021 ‘Growth & Spotlight Awards’ in the over $100 million gross revenue category by The Association of Corporate Growth’s (ACG) Austin and San Antonio chapter. The annual program recognizes the market-leading companies that make […]
Sep 14 2021
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You’ve probably heard about the many benefits of reverse mortgages, but aren’t sure when the best time to apply might be. In this video, our CEO and founder, Scott Gordon, discusses several personal and financial circumstances that can help determine when including: At what age do you become eligible for a reverse mortgage How much […]
Sep 9 2021
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A seller’s market has emerged in many areas around the country, but the rising costs aren’t impacting only homebuyers. The rental market has also gotten more expensive. And although renting can limit some housing expenses like taxes and maintenance, those savings can cost you in ways you may not have considered. 1. Competition Bidding wars […]
Sep 7 2021
News Alert
Open Mortgage, a national multi-channel mortgage lender dedicated to empowering the dream of homeownership, has been recognized as one of the top private companies in central Texas by the Austin Business Journal, ranking No. 18 on the publication’s annual list by gross revenue. The identified top privately-held companies represent some of the region’s most successful […]
Sep 2 2021
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Although many homeowners over 62 opt for a Home Equity Conversion Mortgage (HECM) to eliminate their monthly mortgage payments, they may still face financial struggles. Unexpected events, such as the COVID-19 pandemic and its impact, can derail even the best plans. Fortunately, relief legislation and guidance from the Federal Housing Authority (FHA) and the Department […]