Blog

Aug 24, 2022
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Are you retired and thinking about moving to a new location? This is common, as 64% of retirees expect to move at least once during retirement. Whether you want to relocate to a warmer state or move across your city to be near your grandchildren, there’s a home loan that could help make this happen: […]
Aug 10, 2022
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Before taking out a Reverse Mortgage you’re required to take a Reverse Mortgage Counseling session by law. If you want to know what to expect before your first session, learn what’s ahead in this video. Things to know about Reverse Mortgages: At the conclusion of a reverse mortgage, the borrower must repay the loan and […]
Jul 27, 2022
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When we retire, we dream of the places we’ll go and things we’ll see. But what happens when the reality of making your savings last through your retirement doesn’t meet the dreams of traveling? In this video, we’ll discuss ways you can take your retirement on the road so you can keep checking off your […]
Jul 13, 2022
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While a Home Equity Conversion Mortgage (HECM), or reverse mortgage, can be a smart financial tool for those needing to supplement their retirement income, its possible ability to protect a well-funded nest egg is easy to overlook. As retirement approaches, even those with a solid financial plan may fear the damage an ill-timed market downturn […]
Jun 1, 2022
Older couple
For all the well-laid plans that come with preparing for retirement, sometimes things happen that we can’t predict. This is especially challenging when a medical event or a need to be close to family means it’s time to move into a new home. While the moving process isn’t easy, the nice thing about a Home […]
Apr 13, 2022
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Navigating the transition to becoming an adult child and your concerns about the well-being of an aging parent can be difficult. However, healthcare, safety, and financial security are all areas where a candid conversation can make both parties more comfortable. And for each of those areas, there’s one financial tool that can support your parents’ […]
Mar 23, 2022
Toy house
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 […]
Feb 23, 2022
Woman sitting on couch
A Home Equity Conversion Mortgage (HECM), often called a reverse mortgage, can seem like a confusing financial tool for homeowners. Since they aren’t as familiar as traditional mortgages, and some of the rules governing them have changed over time, it’s not surprising that many myths and misconceptions exist. If you’re over the age of 62 […]
Nov 11, 2021
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In honor of Veterans Day and all of the past and present military members who deserve our gratitude year-round, Open Mortgage thanks you for your service and sacrifice. The home loan choices available to veterans and active service members can be overwhelming. We are proud to help you navigate your mortgage options to find the […]
Sep 14, 2021
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You’ve probably heard about the many benefits of reverse mortgages, but aren’t sure when the best time to apply might be. In this video, our CEO and founder, Scott Gordon, discusses several personal and financial circumstances that can help determine when including: At what age do you become eligible for a reverse mortgage How much […]