Blog
Aug
5,
2021
5,
2021
Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, welcomes Windi Gerber as Senior Vice President of Human Resources. In this position, Gerber will be an integral member of the senior leadership team and will be accountable for the people operations of Open Mortgage, managing all aspects of the employee life […]
Aug
5,
2021
5,
2021
A Home Equity Conversion Mortgage (HECM) offers an avenue to borrow a portion of your home’s value and defer repayment of the loan as long as the property remains your primary residence. It’s a flexible option for homeowners who own their home free and clear. Under certain circumstances, it can also be worth pursuing if […]
Aug
3,
2021
3,
2021
Homeowner’s insurance is required for your mortgage, but it’s not the only way to protect your home. In this video, our CEO and founder Scott Gordon discusses flood insurance, warranties, home security, and other protective measures to explore. Some of the topics he covers: Considering flood insurance whether it’s mandatory in your neighborhood or not […]
Jul
29,
2021
29,
2021
Housing prices are rising in real estate markets around the country. Building a custom home or buying a newly constructed home from a developer can be even more expensive than purchasing an existing one. Of course, having the patience to wait for a home to be built from the ground up can eliminate some of […]
Jul
22,
2021
22,
2021
With retirement around the corner, you may have big plans for filling your more flexible schedule. One of our recent posts explained many of the ways a reverse mortgage can expand your travel options. Now we’ll talk specifically about using a Home Equity Conversion Mortgage (HECM) to take your retirement on the road. Your House […]
Jul
20,
2021
20,
2021
Choosing the right lender has always been important. But now, with sky-high demand and limited inventory, interest rates aren’t the only thing you should be comparing. A fast-moving market means you need a loan originator who can keep up. Before you partner with a lender in your housing search, be sure that they can meet […]
Jul
15,
2021
15,
2021
The temperature is climbing, meaning your utility bills are likely going up too. In this video, our CEO and founder, Scott Gordon, discusses how to keep your home cool and save money despite it being the hottest time of year. Some of the topics he covers: Insulation/radiant barriers can have a dramatic effect on cooling […]
Jul
13,
2021
13,
2021
A Home Equity Conversion Mortgage (HECM) is becoming an increasingly popular tool for retirement planning. In recent years, the addition of homeowner protections, coupled with a better understanding of the responsibilities that come with these types of loans, give borrowers over the age of 62 a responsible way to access their home’s equity. Still, pursuing […]
Jul
8,
2021
8,
2021
Increasing demand and rising prices are making it difficult to find bargains in today’s real estate market. Instead, many buyers are competing with multiple offers and agreeing in advance to fund the gap that can occur with a low appraisal. Despite the challenges, there are still some strategies available to those who prioritize value above […]
Jul
6,
2021
6,
2021
It’s tough enough to keep track of one credit score, but did you know that you actually have THREE? In this video, our CEO and founder, Scott Gordon, discusses how lenders view these different credit scores and ways to improve your chances of being approved for a mortgage. Some of the topics he covers: Different […]
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