Blog

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… Continue Reading Safeguarding Your Online Mortgage Search
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… Continue Reading iBuying: How it Works and Potential Pitfalls

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… Continue Reading Federal Reserve’s Rate Cut Continues Trend of Strong Borrowing Power

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… Continue Reading Open Mortgage Hires Live Well Financial Executives and Their Core Team

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… Continue Reading Open Mortgage Acquires Premier Home Mortgage

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… Continue Reading The Fed & Me: Understanding the Recent Federal Reserve Report

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… Continue Reading Wondering Whether to Buy? Mortgage Rates Are Still Historically Low (Infographic)

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… Continue Reading Open Mortgage Loan Officer Earns Rare Designation in Hawaii

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… Continue Reading Homebuyer Concerns Regarding Rising Interest Rates

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… Continue Reading Loan Officer Spotlight: David Hail