Blog

Jul 22 2021
Older couple driving an RV
With retirement around the corner, you may have big plans for filling your more flexible schedule. One of our recent posts explained many of the ways a reverse mortgage can expand your travel options. Now we’ll talk specifically about using a Home Equity Conversion Mortgage (HECM) to take your retirement on the road. Your House […]
Dec 29 2020
It’s never too late for a fresh start. In fact, it’s possible to support your retirement and move into a new home at the same time. In this video, Open Mortgage CEO and founder Scott Gordon discusses the financial flexibility of a HECM for Purchase mortgage. Some topics he covers: Downsizing or relocating to cut […]
Jun 9 2020
Closet with clothes
Most of us have been spending a lot more time at home than usual, and some are discovering issues that were easier to overlook until now. If you’ve found yourself in this situation—whether you’re too cramped to live, work and raise a family in the same space or you simply want more room outdoors to […]
May 5 2020
toy house in a ring box
Did you know: it’s becoming more common to purchase the ideal home before planning the perfect wedding? If you’ve found yourself in this scenario, having a place to move into might be comforting for your future partner—but there could also be unforeseen financial complications. When preparing to take the matrimonial leap, consider refinancing your mortgage […]
Apr 28 2020
Two couples looking at a house
Despite the significant age difference, a recent survey from the National Association of Realtors shows that Millennials are breaking with past home-buying trends and aligning their preferences with their grandparents’ generation. This development could alter your house-hunting approach, no matter the year you were born.  If you’ve been shopping for a home, but have yet […]
Apr 23 2020
Family sitting on front steps of a house
Home affordability may be a problem for some Gen X’ers and Millennials. These two generations in particular are facing an added responsibility: their children are young and still living at home, or just returning from college, while their parents are aging quickly and in need of medical attention. But homeownership doesn’t have to be out […]
Mar 12 2020
Neighborhood
Studies are showing that droves of Millennials are moving out of cities in favor of neighboring suburbs. This shift has a lot to do with the rising costs of city life. You too might enjoy the move if you’re looking to save money while purchasing a home or if you’re planning to start a family. […]
Mar 3 2020
Couple sitting on floor
The cost, commitment, and confusion that can accompany the homebuying process are enough to give anyone pause about making the leap from renter to buyer. But for those who believe owning a home remains a matter of when, not if, now could be the time to reconsider your decision to put it off any longer.  […]
Feb 27 2020
Clothes hanging in a closet
Do you have random household items tucked away in closets or collecting dust on your shelves? Toys, books, clothes, electronics—the stuff you never use that’s just taking up space could find a meaningful new home with someone else.  You can turn unwanted household items into life changing donations and/or cash to pay for essential home […]
Jan 17 2019

Retirement has arrived, and the next stage of your life is set to begin! But should your second act include a change of scenery? If you’re contemplating a post-retirement move, we suggest taking a moment to ask the right questions and consider your options carefully. Of course, it’s best to start with the question, “Why […]