Blog
Mar
23,
2021
23,
2021
If you’ve ever shopped for a home, then you know about the extra costs associated with making such a big purchase: Closing costs. In this video, our CEO and founder Scott Gordon discusses ways to minimize these extra expenses. Some of the topics he covers: The typical amount you can expect to pay in closing […]
Mar
18,
2021
18,
2021
Whether you’re buying or selling a home, closing should be celebrated as the success of your efforts. Afterward, participants can focus on settling into their new home or finalizing their purchase of a replacement. Occasionally, the closing may not go as planned, but it’s often due to a preventable error. Rather than risk a surprise […]
Mar
16,
2021
16,
2021
By now, the integration of new technologies into a long-established process should not surprise anyone. As more people become comfortable with digital capabilities and their security and reliability increases, so does their expansion. The mortgage industry is no exception. What once required submitting a detailed paper application can now be completed online, via a mobile […]
Mar
15,
2021
15,
2021
Title companies are critical to ensuring that property ownership changes hands properly. In this video, our CEO and founder Scott Gordon discusses what a title company should be doing as you grow closer to closing on a new home. Some of the topics he covers: Title companies offer title insurance to protect against ownership disputes […]
Mar
11,
2021
11,
2021
Outdoor temperatures notwithstanding, one of the best ways to prepare for spring and summer lawn care is to be sure your equipment is ready to go. Mowers often miss out on the scheduled maintenance that our vehicles receive, but you shouldn’t neglect their engines. A fresh filter, oil change, and new spark plugs are a […]
Mar
9,
2021
9,
2021
Staying within your budget is key to a successful home search. Owning a home comes with expenses beyond the mortgage, which means maximizing your borrowing power can leave little room to maneuver when other obligations arise. Still, buyers can end up envying some appealing listings that are just above their target price. While remaining realistic […]
Mar
3,
2021
3,
2021
Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, more than doubled volume and unit counts in 2020 compared to 2018. With total loan volume production of $1.68 billion and 7,543 units in 2020, Open Mortgage funded 1,816 reverse loans with a volume of $401 million amidst record-low interest rates and […]
Feb
25,
2021
25,
2021
In 2018, AARP found that 76 percent of Americans over 50 preferred to remain in their current homes as long as possible. However, substantially fewer of them believed it was a realistic option. Fortunately, proper planning and an open mind can maximize your retirement options and make the goal of maintaining independence more attainable. One […]
Feb
23,
2021
23,
2021
We hear a lot about historically low mortgage rates these days, but are there better ways to save? In this video, our CEO and founder, Scott Gordon, discusses what to know about interest rates before you begin your search for a mortgage. Some of the topics he covers: Focusing on rate terms as opposed to […]
Feb
18,
2021
18,
2021
Shopping for a home comes with many considerations, not the least of which is finding the right mortgage. One aspect that is often unfamiliar to homebuyers is how an optional fee, referred to as buying points, can impact the immediate and long-term mortgage costs. While it may seem like another complicated decision to worry about, […]
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