Blog

Jun 9, 2017

AUSTIN, Texas, June 8, 2017 /PRNewswire/ — Open Mortgage, LLC, a leading provider of traditional and reverse mortgages throughout the United States, announced their exclusive partnership with the American C.E. Institute, LLC (ACEI), an online and in-person continuing education program. Open Mortgage Loan Originators and Account Executives will become ACEI certified instructors in their states, […]

Jun 8, 2017
Summer officially begins on June 20, and thermometers are on the rise. Some parts of the country have already experienced triple-digit temperatures. This makes cooling down in a pool an appealing thought for many people. But what about buying a home that comes with a pool? A home with a pool is something you should […]
Jun 6, 2017

Good credit is important if you’re planning on buying your first home. This is because your credit rating impacts your ability to get a mortgage as well as the mortgage rate you receive. Considering that a lower mortgage rate can save you thousands of dollars over the life of your loan, building and improving your credit […]

Jun 5, 2017
If you’re a senior citizen, there are times you you may require extra income for a specific period of time. This income could be for unexpectedly needing several months of physical therapy, or to take up a new hobby such as golf lessons. Regardless of why you need this extra income, it can be obtained […]
Jun 1, 2017

When you commit to buying a home with a mortgage, it’s usually with the plan of paying it off with monthly payments over 15 or 30 years. During this long timeframe, your life circumstances could change, or the economy could change. When either of these occur, you might want to consider refinancing your mortgage. Here […]

May 30, 2017
Senior citizens sometimes require extra income to supplement their social security, savings, and investments. Whether it’s for medical expenses, building savings, or to take up a new hobby, this extra income can be obtained through a reverse mortgage. As discussed in our previous blog post in this series, reverse mortgages offer a range of payout methods, including […]
May 25, 2017

As we head towards June, summer is on our doorstep! With weather forecasters predicting a hotter-than-average summer for much of the country, and with the average household facing a $410 monthly electricity bill, lowering your air conditioning (AC) costs can provide major benefits for your finances. Here are some simple strategies to lower your AC […]

May 24, 2017

If you’re planning on buying a home, you have an empowering journey ahead that can provide long-lasting benefits. Whether it’s six months or a year before you buy a home, it’s important to have your finances in order. We recommend improving your credit (most importantly, always pay your bill on time), following a budget, and […]

May 22, 2017
With Americans living longer than ever, it’s harder for seniors to remain financially stable while extending their savings. This is causing many seniors to delay retirement so they can work more years. Others are downsizing their homes or turning to family for assistance. Fortunately, there’s a solution that can help seniors build savings, prepare for […]
May 18, 2017

For individuals and families considering buying their first home, it can be easy to feel overwhelmed and question whether you should keep renting. After all, buying a home commits you to years of monthly home payments (and risk) in an uncertain global economy. Owning a home also provides a long list of benefits, including increased […]

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