Blog

Mar 3 2021
Scott Gordon
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 […]
Jan 28 2021
Lucas Allen
Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, welcomes Lucas Allen to the new role of Senior Vice President of Forward Operations. In this position, Lucas will oversee the mortgage production process for all forward loans, including managing the appraisal, disclosures, processing, underwriting, and closing and funding teams. “Lucas joins […]
Oct 2 2020
This webinar, which features Open Mortgage’s National Retail Sales Manager for Reverse Mortgages, Patty Wills, CRMP, explores the drivers of success behind the H4P success of two lenders: what has worked in garnering H4P business, how to approach Realtors as referral partners, consulting borrowers seeking to finance a home purchase with a reverse mortgage, and […]
Jun 4 2019

Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of home ownership, has hired Live Well Financial’s core team of mortgage lending executives: Bruce Barnes, Jim Cory, and Joshua Moran, formerly Executive Vice President, Senior Vice President of Operations and Senior Vice President of Wholesale & Correspondent Lending, respectively. Additionally, approximately 50 sales and operations employees are […]

May 16 2019

AUSTIN, Texas, May 15, 2019 /PRNewswire/ — Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of home ownership, has acquired Premier Home Mortgage, a lender that specializes in financing homes in rural and small-town America, in a deal that’s expected to add $300 million in loan value to the company. The acquisition also adds offices in Iowa, Montana, South Dakota and Wyoming in […]

Jan 28 2019

Honolulu, HI—Wendy Oshiro, a reverse mortgage specialist with Open Mortgage LLC, joined an elite cadre of mortgage professionals, and only the second from Hawaii, who have achieved the status of being a Certified Reverse Mortgage Professional (CRMP). Oshiro earned the designation after she passed a rigorous exam and background check, thereby demonstrating a competency in […]

Aug 28 2018

Today we’re proud to highlight Loan Originator David Hail, who was recently ranked 4th out of 1,018 loan officers for second quarter production from the Texas State Affordable Housing Corporation (TSAHC). David, a Branch Manager from Garland, TX has been with Open Mortgage for over five years, and we’re proud to have him on our […]

Jan 11 2018

AUSTIN, Texas, Jan. 11, 2018 /PRNewswire/ — Open Mortgage celebrates its 15-year anniversary this month. Headquartered in Austin, Texas, the company was founded on January 5, 2003 by software engineer and serial entrepreneur, Scott Gordon. “The company is a culmination of my experience in the technology and banking industries,” says Gordon. “The mortgage industry was also one that I believed could […]

Jul 31 2017

  Patty Wills, CRMP, an Open Mortgage reverse mortgage advisor, was recently interviewed by the official magazine of the National Reverse Mortgage Lenders Association (NRMLA). The interview, which can be found on page 10 of the magazine, highlights Patty’s 25-year reverse mortgage career and recent experience serving on NRMLA’s Board of Directors. Patty strongly believes […]

Jun 16 2017

June 15th, 2017 | by Alex Spanko | HECM, News, Open Mortgage, Reverse Mortgage Back in 2015, when Open Mortgage first entered the wholesale reverse-mortgage marketplace, the Austin, Texas-based firm was mostly just doing a favor for one of its former employees. It all started when an employee-turned-broker provided a lead on an interested borrower, […]