Blog

Jan 18 2022
Couple looking at a computer
If your credit history is holding you back from homeownership, it might be time to find a co-borrower. In this video, our CEO and founder, Scott Gordon, discusses what that means, who they are, and how to decide if it’s a good option for you. Some of the topics he covers: Improving your credit history […]
Jan 13 2022
Foreclosure for sale sign
Limited housing inventory has buyers considering all of their options when looking for a home. Among them are homes that were recently foreclosed on or headed in that direction. While these properties can appeal to those hoping to find a bargain or searching for a fixer-upper, completing the purchase can be trickier than a traditional […]
Dec 30 2021
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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 […]
Dec 7 2021
couple in front of a house
Are rising real estate prices scaring you away from house hunting? In this video, our CEO and founder, Scott Gordon, explains how rising prices may not be a bad thing and why buying could still be a great decision. Some of the topics he covers: Your borrowing power could be higher thanks to relatively low […]
Nov 16 2021
Signing paperwork
Closing is more than just picking up the keys to your home or collecting your payment from the buyer. In this video, our CEO and founder, Scott Gordon, discusses what to look for and how to be ready for closing day so there won’t be any surprises. Some of the topics he covers: Review your […]
Nov 11 2021
US flag in front of house
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 […]
Nov 4 2021
Couple talking to someone with a folder
Fewer listings, lower prices, and decreased competition: In this video, our CEO and founder, Scott Gordon, discusses some of the pros of buying and selling during the real estate off-season. Some of the topics he covers: Less inventory, but also less competition Why prices tend to be lower than they are during peak selling season […]
Oct 28 2021
Family in new home
While more square footage may come at a higher cost, it can also pay off with more rewards. The expense of buying a home often leads buyers to avoid choosing more home than they need at the time. But the result can be outgrowing the house sooner rather than later. Looking ahead and embracing all […]
Oct 21 2021
Welcome mat
With interest rates hovering near historic lows, deciding whether to buy a new home or refinance your existing one can be difficult. Each comes with a distinct set of advantages and downsides. Start your decision-making process with the best information. While there’s no correct answer for everyone, a poor approach is likely to have bad […]
Oct 12 2021
Title over blue background with people
Transitioning between homes is an exciting time, but it can also be stressful. In this video, our CEO and founder, Scott Gordon, explores the piggyback loan option, which allows you to buy and sell on the same day. Some of the topics he covers: It’s a helpful but detailed process involving lawyers, title companies, and […]