Blog

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 […]

Jan 28 2019

Honolulu, HI—Wendy Oshiro, a reverse mortgage specialist with Open Mortgage LLC, joined an elite cadre of mortgage professionals, and only the second from Hawaii, who have achieved the status of being a Certified Reverse Mortgage Professional (CRMP). Oshiro earned the designation after she passed a rigorous exam and background check, thereby demonstrating a competency in […]

Nov 13 2018

What’s a home buyer to do when interest rates rise? It’s a question many are considering as the market recovers from the long period of historically low rates following the financial crisis of 2008. With rates rising, buyers worry about getting a bad deal, and what that could mean for long-term financial stability. But that […]

Aug 28 2018

Today we’re proud to highlight Loan Originator David Hail, who was recently ranked 4th out of 1,018 loan officers for second quarter production from the Texas State Affordable Housing Corporation (TSAHC). David, a Branch Manager from Garland, TX has been with Open Mortgage for over five years, and we’re proud to have him on our […]

Jan 29 2018

This year Open Mortgage celebrates 15 years in business, and a big part of that milestone is the people behind it. We are honored to introduce you to various members of our work family in this special series. Today’s post recognizes Regina Park, an Operations Manager in our Austin office who’s worked with Open Mortgage […]

Sep 27 2017

Open Mortgage is committed to keeping all of our customers up to date on today’s reverse mortgage environment. Recently, The Department of Housing and Urban Development (HUD) announced changes to both the Reverse Mortgage Initial Principal Limit (“PL” – the amount you are able to borrow) and the Mortgage Insurance Premium (MIP). These changes have […]

Jul 18 2017

June was another busy month in the red-hot mortgage industry. Here are some recent articles, highlights and tips for homeowners: Fed hikes interest rates and brightens economic outlook The Federal Reserve raised short-term interest rates by a quarter point on Wednesday, June 14. This was the third rate hike since December. Key takeaway: the Fed […]

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