Blog

Jan 27, 2022
10 in 20 Logo
Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, is proud to launch the new “10 In 20” brand campaign, celebrating its growth and commitment to serve 10,000 families in its 20th anniversary year. The 10 In 20 campaign celebrates Open Mortgage’s record-setting goal to serve 10,000 families as they secure […]
Jan 27, 2022
Toy houses on a desk
Many people may still believe that a 20% down payment is their only path to homeownership. It’s true that this substantial up-front cost was standard at one time, but it’s no longer a necessity. While many home prices are still on the rise, today’s home shoppers can take some comfort in knowing that a relatively […]
Jan 25, 2022
frustrated renovating woman
Before you begin your next home renovation project, take the time to learn from the mistakes of others. Renovation regrets are simple enough to avoid when you know which ones you’re most likely to face. Here are six to watch out for. Spending Too Much Breaking your budget on any financial expenditure can leave you […]
Jan 20, 2022
For sale sign
Despite a global pandemic, 2021 brought dramatic increases in home values to many real estate markets across the country. However, with the peak spring selling season just around the corner, some homeowners are wondering if they’ve already missed their opportunity or if it’s still a good time to sell. As expected, the answer is almost […]
Jan 18, 2022
News Alert
Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, has named seasoned mortgage leader Scott Harkless to the newly-created position of Chief Revenue Officer. Harkless will report directly to Open Mortgage President Joe Stephenson in this pivotal role on the senior leadership team, overseeing all sales functions within the company, including […]
Jan 18, 2022
Couple looking at a computer
If your credit history is holding you back from homeownership, it might be time to find a co-borrower. In this video, our CEO and founder, Scott Gordon, discusses what that means, who they are, and how to decide if it’s a good option for you. Some of the topics he covers: Improving your credit history […]
Jan 13, 2022
Foreclosure for sale sign
Limited housing inventory has buyers considering all of their options when looking for a home. Among them are homes that were recently foreclosed on or headed in that direction. While these properties can appeal to those hoping to find a bargain or searching for a fixer-upper, completing the purchase can be trickier than a traditional […]
Jan 11, 2022
Older couple side-hugging
Home Equity Conversion Mortgages, otherwise known as HECMs or reverse mortgages, are not one-size-fits-all. In this video, our CEO and founder, Scott Gordon, discusses the differences between three types of reverse mortgages. Some of the topics he covers: How age, location, and life plans could help you choose the right reverse mortgage Other considerations like […]
Jan 6, 2022
Person using calculator
As 2021 comes to a close, it might be the best time to consider your refinancing options rather than moving it to your list of New Year’s resolutions. Interest rates have ticked up in recent months, and the trend may continue, making a delay more costly as well. If refinancing is on your mind, consider […]
Jan 4, 2022
Table with yarn
Money matters can dominate the conversation about New Year’s resolutions. And, of course, there are plenty of paths to consider when hoping to strengthen your finances. For homeowners, a little investment in their property can provide a big pay-off. If improving your financial stability is part of your 2022 plans, consider these home projects to […]
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