Blog
Nov
2,
2022
2,
2022
When we think about the future, we often imagine what we will do in our retirement, what trips we will take and what activities we will immerse ourselves in. What’s less fun to think about is planning for what happens as we continue to age and how we will invest in our future as the […]
Sep
14,
2022
14,
2022
A Home Equity Conversion Mortgage (HECM) is a well-established tool for retirement-age homeowners looking to add more financial flexibility to their future. These loans, often referred to as a reverse mortgage, offer a way to capitalize on a home’s equity without having to part with the property. The eligibility requirements for a HECM include a […]
Mar
23,
2022
23,
2022
Equity gains from real estate do more than just look good on paper. In this video, our CEO and founder, Scott Gordon, discusses why rising property values offer homeowners like you plenty of opportunities — and selling is just one of them. Some of the topics he covers: Equity can be accessed as cash, or […]
Dec
30,
2021
30,
2021
Should you opt for a 15, 20, or 30-year mortgage term? What about mortgages with a preliminary adjustable-rate term? Should you change it when refinancing? In this video, our CEO and founder, Scott Gordon, discusses how to make sure your mortgage term fits your needs. Some of the topics he covers: Lower interest rates make […]
Oct
19,
2021
19,
2021
Lots of retirement age homeowners are turning to reverse mortgages as a helpful financial planning tool, but is it right for you? In this video, our CEO and founder, Scott Gordon, discusses important things to consider when applying. Some of the topics he covers: The reasons why homeowners like you are turning to reverse mortgages […]
Aug
10,
2021
10,
2021
A red-hot real estate market is giving many homeowners a big bump in equity. In this video, our CEO and founder, Scott Gordon, explores a few ways to cash in on years of hard work and currently rising equity. Some of the topics he covers: Home Equity Lines of Credit and Refinancing Home Equity Conversion […]
May
6,
2021
6,
2021
In the wake of the COVID-19 pandemic, many homeowners took advantage of mortgage forbearance programs to suspend their monthly payments. Recent legislation, such as the CARES Act and the American Rescue Plan Act, provides guidelines for starting and ending forbearance on federally-backed mortgages, as well as other aid programs to help homeowners avoid defaulting on […]
Jul
30,
2020
30,
2020
Reverse mortgages have recently started to become a proactive part of a comprehensive retirement plan. They can be particularly effective for homeowners whose wealth is primarily in home equity. Watch this video if you are a new retiree who doesn’t need money now but wants the security that comes with knowing it’s available during economic […]
Jun
30,
2020
30,
2020
Sellers are walking away with more cash than usual due to rising home values in recent years. But selling isn’t the only way to put your home’s equity to work for you. Listen to Open Mortgage CEO and Founder Scott Gordon discuss how you can benefit from your home’s equity even if you plan on […]
Oct
15,
2019
15,
2019
Retirement is much more than just the end of a career. Hopefully, it’s also a substantial portion of your adult life. Working with a trusted financial advisor can be a smart way to prepare and can give you the confidence to make the most of your Golden Years. Whether you’re looking for a retirement advisor, […]
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