Blog

Aug 17 2021
House in background
Square footage is often one of the first features we evaluate about a home, but a higher number doesn’t always mean a more valuable home. In this video, our CEO and founder, Scott Gordon, discusses what you should keep in mind as you search for your next home. Some of the topics he covers: Price […]
Aug 12 2021
Paperwork on desk
Efforts to combat the coronavirus pandemic included several protections for homeowners who lost income or otherwise struggled to pay their mortgages. Forbearance programs, stimulus payments, and unemployment enhancements were all intended to help avoid the long-term effects of a foreclosure. Unfortunately, it won’t be enough for everyone. It’s likely an uptick in foreclosures is still […]
Aug 10 2021
two people with blue overlay and the title
A red-hot real estate market is giving many homeowners a big bump in equity. In this video, our CEO and founder, Scott Gordon, explores a few ways to cash in on years of hard work and currently rising equity. Some of the topics he covers: Home Equity Lines of Credit and Refinancing Home Equity Conversion […]
Aug 5 2021
News Alert
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
hand holding small yellow house
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
Title over tech home background
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
New Construction of a house
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
Older couple driving an RV
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
Paperwork and a house key
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
Title text over blue background
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 […]