Blog

Feb 15, 2018

A reverse mortgage offers homeowners age 62 and older an affordable avenue to access their home equity. For some, this provides an opportunity to pursue a lifelong dream, while others may simply make it a part of their retirement strategy. In any case, tapping into your home’s value also makes you contractually obligated to be […]

Feb 15, 2018

Marriage or mortgage, agreeing to a long-term commitment isn’t a decision to be taken lightly. A real connection, and the confidence it will last, is critical to the success of either. However, shopping for a mortgage as a married couple can bring some added considerations to the table. For Richer, For Poorer Marital status itself […]

Feb 12, 2018

Black History Month celebrates the achievements of African Americans and recognizes their central role in American history. It’s also an opportunity to appreciate the advancement of civil rights, and highlight the deficiencies that still exist. One way to ensure progress continues is by asserting the rights that we all share, and speaking out when they […]

Feb 8, 2018

Most first-time home owners understand the difference between achieving the dream of buying a home versus buying a “dream home.” Part of a very personal decision-making process for buyers that know what they can realistically afford means making the latter distinction. Which means you’re probably asking yourself: How can I get the most out of […]

Feb 6, 2018

A credit score shouldn’t be taken lightly (it’s a necessary and important part of your financial life, after all!), but it doesn’t have to be scary, either. Credit scores will ebb and flow based on lots of factors, but here’s the most important thing: getting your score into optimal range IS achievable, especially with the […]

Feb 5, 2018

A fresh coat of paint and trendy design can certainly impact a homebuyer’s first impression, but those efforts may not translate to more money in the seller’s pocket. Homeowners focused on maximum value should consider improvement projects that go beyond aesthetics. The Basics If you’re planning to put your home on the market, the first […]

Feb 1, 2018

If you’re in the market for a reverse mortgage (also known as a Home Equity Conversion Mortgage, or HECM), it’s a guarantee you’ll have a lot of questions, including what you’ll need to provide to make it happen. Even in the digital age, documents and paperwork can take some time and planning, so it’s good […]

Jan 31, 2018

Despite the “reality” shown on popular HGTV shows, buying a home isn’t always rainbows and butterflies. Real-life issues are bound to emerge after your offer is accepted and the loan process is underway. While there’s no reason to be pessimistic, it’s never a bad thing to be prepared for unseen obstacles. We’ve put together a […]

Jan 25, 2018

Buying a home is a huge decision. There are lots of questions to ask and pros and cons to weigh before you ever commit to making an offer. But, it’s the financial decisions you made before you started shopping—and the story they tell about you—that could prove to be just as critical. Obtain a copy […]

Jan 22, 2018

This year Open Mortgage celebrates 15 years in business, and a big part of that milestone is the people behind it. We are honored to introduce you to various members of our work family in this special series. Today’s post recognizes Jake Droge, a branch manager and reverse mortgage professional located in Iowa, who’s worked […]

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