Blog

Nov 3 2016

For some retirees, a reverse mortgage can be an effective retirement tool. Reverse mortgages allow Americans aged 62 and older to convert part of their home equity (wealth) into cash without selling their home. This can help retirees supplement their monthly expenses or prepare for unexpected costs. In a reverse mortgage: The lender pays you […]

Nov 2 2016

They say that the only thing certain in life is change. When your life circumstances change, here are five reasons you may want to consider refinancing your mortgage: To obtain a lower interest rate One of the most common reasons to refinance your mortgage is to secure a lower interest rate. Reducing your interest rate […]

Nov 1 2016

Home ownership can bring tremendous joy to you and your loved ones. But it also takes hard work (and money) to protect your home from harsh weather, sun damage, and general wear and tear. Here are some low-maintenance upgrades that reduce time fixing your home, and give you more time to enjoy it. Metal Roofs […]

Oct 31 2016

Halloween is bigger than ever in the USA. In fact, the National Retail Federation predicts that for Halloween 2016, Americans will spend $8.4 billion (including $3.1 billion on costumes and $2.5 billion on candy). This come out to $82 dollars per person! And while it’s hard not to love a night where you can eat as […]

Oct 31 2016

Recently, Open Mortgage CEO Scott Gordon sat down with the Reverse Review’s Hot Seat and gave them the scoop on his favorite TV show and the future of the mortgage industry. Ten years from now I’d like to be retired, skiing and traveling. But I’m afraid I’d be bored without a day job. Something very […]

Oct 27 2016

Whether you’re considering buying your first home or a long-time homeowner, the mortgage process can feel intimidating and confusing. Much of this is due to mortgage-related terms that aren’t well-understood by the general public. To help you become better prepared for your mortgage process, here are some important  mortgage-related terms and their definitions. Amortization Schedule […]

Oct 26 2016

Reverse mortgages let seniors aged 62-and-older convert part of their home equity (wealth) into cash, a monthly check, or a line of credit. While reverse mortgages aren’t meant for all seniors, here are six situations they can be ideal: You love your home and don’t want to move If you take out a reverse mortgage, […]

Oct 23 2016

Winter is coming. And for preventing expensive home repairs caused by cold winter weather, fall is the time to take action. Here are some simple things you can do to prepare your home’s outside (and your home goods) for winter. Properly store your lawn mower In most of the US, you won’t have to mow […]

Oct 22 2016

An unforeseen event (and cost) we should all prepare for is natural disasters. Whether you’re retired in Florida or Michigan, it’s critical to be prepared for unexpected natural disasters, such as fires, tornadoes, floods, earthquakes, and power outages. An emergency kit can help you be ready for the unexpected One of the best and easiest […]

Oct 21 2016

Thinking about buying your first home? Congratulations! Open Mortgage can work with you every step of this empowering and life-changing process. If you’re like most people, you’ll need a mortgage to purchase your first home. A mortgage is a loan from a bank or mortgage lender that helps you finance your home purchase. But before […]

You Deserve More.

Let's get started.