Blog

Sep 22 2020
Did you know that lenders typically like to see one to two years of stable income history before you can qualify for a mortgage? In this video, our CEO and founder, Scott Gordon, discusses preparing early for your mortgage—long before you even start shopping. Some topics he discusses: Building/repairing your credit score Avoiding large credit… Continue Reading Getting an Early Start on Your Mortgage
Aug 27 2020
home interior
The type of home you want now might not be what you need later in life. In this video, our CEO and founder, Scott Gordon, discusses looking for a home that fits your wants now and offers the flexibility to grow with your future needs. Some of the topics he covers: Planning for children or… Continue Reading Finding a Home with Flexibility
Aug 25 2020
Owning a home comes with more financial responsibilities than just your monthly mortgage payments. In this video, our CEO and founder, Scott Gordon, discusses important expenses that come with buying a home. Some of the topics he covers: Unexpected maintenance issues Property tax and insurance requirements Working with your lender to find the best solutions… Continue Reading Homeowner Responsibilities
Aug 20 2020
Foreclosure Sign
Foreclosures are one of the worst experiences a homeowner can have. In this video, our CEO and founder, Scott Gordon, discusses ways to be a responsible homeowner and increase your chances of avoiding foreclosure. Some of the topics he covers: Forbearance as a helpful tool during temporary financial hardship Contacting your lender immediately if you… Continue Reading Three Ways to Avoid a Foreclosure
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
Jul 28 2020
House
As more mortgage products have become available, the standard 20% down payment is rarely required by lenders. If you’re saving up for your dream home, watch this video. Our CEO and founder, Scott Gordon, discusses some low down payment options.. Some of the topics he covers: Honestly assessing your financial ability to determine down payments… Continue Reading Diving into Down Payments
Jun 30 2020
fireplace
Sellers are walking away with more cash than usual due to rising home values in recent years. But selling isn’t the only way to put your home’s equity to work for you. Listen to Open Mortgage CEO and Founder Scott Gordon discuss how you can benefit from your home’s equity even if you plan on… Continue Reading Know Your Home Equity Options
Jun 23 2020
piggy bank
Buying a home is a very exciting time, but it’s also a big financial move. In this video, our CEO and founder, Scott Gordon, discusses the importance of having a healthy savings account before buying a home. Some of the topics he covers: Saving and knowing what lenders look for Preparing for unexpected home expenses… Continue Reading Saving for a Home Goes Beyond the Down Payment
Jun 17 2020
People looking at each other
The coronavirus has tested the financial stability of many; that’s especially the case for those preparing for—or currently navigating—retirement. If you have a reverse mortgage, or you’re considering one, this video is for you. Here are some of the topics our CEO and founder, Scott Gordon, discusses: How reverse mortgages might act as a financial… Continue Reading Protecting Your Reverse Mortgage from the Unexpected
May 19 2020
man drawing plans at a table

More space is always a good thing. That’s why you might consider giving your home a refresh to maximize square footage and increase productivity without sacrificing coziness. Here are a few makeover tips which can be helpful even post-COVID-19 restrictions—they offer ways to create relaxed, functional spaces where you can work, entertain and live comfortably. … Continue Reading Find More Space at Home