Blog

Aug 25 2020
Owning a home comes with more financial responsibilities than just your monthly mortgage payments. In this video, our CEO and founder, Scott Gordon, discusses important expenses that come with buying a home. Some of the topics he covers: Unexpected maintenance issues Property tax and insurance requirements Working with your lender to find the best solutions… Continue Reading Homeowner Responsibilities
Aug 20 2020
Foreclosure Sign
Foreclosures are one of the worst experiences a homeowner can have. In this video, our CEO and founder, Scott Gordon, discusses ways to be a responsible homeowner and increase your chances of avoiding foreclosure. Some of the topics he covers: Forbearance as a helpful tool during temporary financial hardship Contacting your lender immediately if you… Continue Reading Three Ways to Avoid a Foreclosure
Jun 30 2020
fireplace
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… Continue Reading Know Your Home Equity Options
Nov 1 2019

Cooler temperatures can add lots of little items to your to-do list: dropping the heavy comforters at the dry cleaners, taking an inventory of your baking supplies, and making sure your family has all the cold-weather gear they need to get through the winter.  There’s one more thing to add to your winter prep —… Continue Reading Stay Warm Safely When Cooler Weather Arrives

Sep 24 2019

The fall season is quickly approaching, and shifts in temperatures and weather patterns come along with it. Now is the time to weatherproof your home for a comfortable autumn and winter. Prepare to combat cold temperatures As things begin to cool down outdoors, it’s important to make sure your home will keep you warm. Ensure… Continue Reading Welcome Fall with These Tips to Protect your Home

Aug 5 2019

As you determine the budget for your home purchase,  you may have factored in your monthly mortgage payments, PMI, and homeowners insurance, but there is another important element to keep in mind: property taxes.  How your tax bill is determined A tax assessor may use several factors to determine a property’s taxable value, including comparable… Continue Reading Understanding Your Property Tax Bill Before You Buy

Jul 23 2019

One of the benefits of buying a home is the potential to see your investment in the property grow over time. An upward trend in the value of the home will certainly help, but to increase the possibility of a return on the investment, you want to begin building equity, and one potential obstacle to… Continue Reading Negative Amortization: What It Is and How To Avoid It

Jul 18 2019

When a natural disaster like a flood, hurricane, or wildfire hits your home, it can be difficult to know where to begin on the path to recovery. What happens to your mortgage if your house is destroyed or you can’t make your payments?  The first step is to notify your lender or loan servicer as… Continue Reading How Can I Avoid Foreclosure After a Natural Disaster?

Jun 4 2019

Buying a home can be a big step up the ladder toward financial security. But after sharpening your money management skills on your way to mortgage, what can you do to make sure you stay on a positive path? One smart place to focus your attention is on growing your home equity. And a simple… Continue Reading 3 Habits to Help You Grow Your Home Equity

Mar 12 2019

With the temperatures rising and summer months just around the corner, the cool convenience of a backyard swimming pool starts to look very tempting. Of course, pools can come with a hefty price tag, so it’s best to consider your options carefully before diving into a big project. Enjoy A Deep Discount Before you start… Continue Reading Smart Ways To Take The Leap of Adding A Backyard Pool