Blog

Mar 3 2021
Scott Gordon
Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, more than doubled volume and unit counts in 2020 compared to 2018. With total loan volume production of $1.68 billion and 7,543 units in 2020, Open Mortgage funded 1,816 reverse loans with a volume of $401 million amidst record-low interest rates and […]
Jan 28 2021
Lucas Allen
Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, welcomes Lucas Allen to the new role of Senior Vice President of Forward Operations. In this position, Lucas will oversee the mortgage production process for all forward loans, including managing the appraisal, disclosures, processing, underwriting, and closing and funding teams. “Lucas joins […]
Oct 29 2020
people in front of house
Unfortunately, discrimination can occur during the home buying process. In this video, our CEO and founder Scott Gordon discusses ways to identify discrimination, as well as knowing your rights and understanding your options if you do become a victim. Some of the topics he covers: Shopping around and comparing mortgage lenders Reviewing your credit report […]
Aug 11 2020
Mortgage applications can require you to provide sensitive financial information, including social security numbers, pay stubs, bank statements, and more. That’s why we at Open Mortgage take online security seriously and hope you’ll watch this video before applying for your home loan. Our CEO and founder, Scott Gordon, discusses how to protect yourself online. Some […]
Nov 12 2019

From ordering takeout to booking a doctor’s appointment, it seems there’s an app for everything these days. Technology touches every part of our lives, and recently it’s made its way into the real estate market in the form of iBuyers like OpenDoor and OfferPad — companies that are offering an alternative to the traditional home-selling […]

Aug 20 2019

At its July meeting a few weeks ago, the Federal Reserve lowered the federal funds rate for the first time in a decade. The quarter-point cut, intended to offset early signs of a slowing economy, brings the federal funds rate down to just 2 percent. While the rate cut impacts financial institutions more directly than […]

Jun 4 2019

Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of home ownership, has hired Live Well Financial’s core team of mortgage lending executives: Bruce Barnes, Jim Cory, and Joshua Moran, formerly Executive Vice President, Senior Vice President of Operations and Senior Vice President of Wholesale & Correspondent Lending, respectively. Additionally, approximately 50 sales and operations employees are […]

May 16 2019

AUSTIN, Texas, May 15, 2019 /PRNewswire/ — Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of home ownership, has acquired Premier Home Mortgage, a lender that specializes in financing homes in rural and small-town America, in a deal that’s expected to add $300 million in loan value to the company. The acquisition also adds offices in Iowa, Montana, South Dakota and Wyoming in […]

May 16 2019

For first-time homebuyers navigating the market, the Federal Reserve report (released this past February), can be difficult to decipher. Not only is the report full of financial jargon, it also requires a good deal of reading between the lines to understand its impact. To help explain the recent Federal Reserve report and what it might […]

Mar 11 2019

When you’re in the process of looking for a home, everyone worries whether they’re making a good investment. The truth is, if you’re buying a home you can afford that you love, it’s worth it. Not convinced? OK, well here’s some really good news: mortgage rates are still pretty low. Wondering where your mortgage rate […]