Blog

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, […]

Jun 14, 2017

AUSTIN, Texas, June 14, 2017 /PRNewswire/ — Open Mortgage LLC, a leading provider of traditional and reverse mortgages throughout the United States, announced their expanded Wholesale Program for Traditional and Reverse (HECM) Channels. “By joining the Open Mortgage Wholesale Program, partners have access to an extensive network of loan programs, training, marketing, and loan tools. These […]

Jun 12, 2017

Jake Droge, a reverse mortgage loan originator with Open Mortgage, has been designated a Certified Reverse Mortgage Professional (CRMP) by the National Reverse Mortgage Lenders Association. Jake joins Open Mortgage loan originators Carlos Camargo, Melinda Hipp, Rick Sweeney, Patty Wills, and 149 individuals nationwide with the prestigious CRMP designation. CRMP is awarded following passing a […]

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, […]

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 […]

Jul 6, 2016

Open Mortgage is continuing to update our look and feel by officially launching a new corporate website, openmortgage.com. The site, which launched last month, offers a wide range of features for a better user experience. One of those features includes specific portals designed for the borrowers, banking or Realtor partners, and loan professionals. There is […]

Jun 13, 2016

AUSTIN, Texas, June 13, 2016 /PRNewswire/ — Open Mortgage, known in the industry for its process innovation and exceptional service, recently announced they have been approved as a seller with the Federal National Mortgage Association, commonly known as Fannie Mae. “This approval opens up new opportunities that we are very excited about,” said Scott Gordon, Open […]

May 26, 2016

AUSTIN, Texas, May 11, 2016 /PRNewswire/ — Open Mortgage, a nationwide mortgage lender, and partners LendingQB and International Document Services (IDS), Inc. successfully implemented a TRID-compliant Loan Origination System (LOS) in just 50 days, exceeding their own projections. “We knew that our implementation timeline was aggressive, wanting to both implement a new LOS and prepare for TRID within […]

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