Blog

Mar 23, 2017

FHA loans are one of the most common types of mortgages, especially for first time home buyers, and those without enough money available for a down payment. Backed and insured by the Federal Housing Administration, these loans allow borrowers to buy a home with a lower down payment and generous terms. FHA loans are some […]

Mar 20, 2017

If you’re thinking about buying your first home, you have much to look forward to. In addition to being an excellent investment, owning a home provides you with stability, comfort, and privacy. While many US housing markets are increasingly unaffordable for first-time homebuyers, there are exceptions, and Bankrate recently ranked the top five most affordable […]

Feb 7, 2017
There is nothing quite like homeownership. You have a chance to buy a place you love, decorate it as you please, and also make an investment into your financial future. But if you’ve ever looked into buying a home, you have probably heard experts saying that you need at least 20% of the value of […]
Dec 6, 2016

Buying your first home is one of your biggest life decisions, and it’s important to be prepared. Here are some things you can do to get ready: Make sure you have good credit To secure a low interest rate on your first mortgage, you’re going to need good credit. This means you should always pay […]

Oct 21, 2016

Thinking about buying your first home? Congratulations! Open Mortgage can work with you every step of this empowering and life-changing process. If you’re like most people, you’ll need a mortgage to purchase your first home. A mortgage is a loan from a bank or mortgage lender that helps you finance your home purchase. But before […]

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