Blog
Aug
27,
2020
27,
2020
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 […]
Aug
25,
2020
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 […]
Aug
20,
2020
20,
2020
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 […]
Aug
18,
2020
18,
2020
Buying a home takes preparation and documentation, regardless of the circumstances. Self-employed mortgage applicants may consider the task even more daunting. However, the process remains foundationally the same, even for entrepreneurs and small business owners. Begin your self-employed house hunt with a clear understanding of what your lender will be looking for and how your […]
Aug
13,
2020
13,
2020
If the COVID-19 pandemic put your plans for a vacation home on hold, or you expect a second home to have an integral role in your long-term plans, the right time to buy could be near. While health and safety remain the top priority for every community, current market conditions and technology have combined to […]
Aug
11,
2020
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 […]
Aug
6,
2020
6,
2020
Peak hurricane season is here, and homeowners in coastal towns aren’t the only ones who need to be prepared. Previous storms have proven that wind, flooding and other damage can be unpredictable and widespread. Before you find yourself in the path of a strong storm, make sure you’re protecting your home from physical damage, and […]
Aug
4,
2020
4,
2020
Most homebuyers understand that finding the right home requires a willingness to make some compromises. Minor problems can be fixed, and wishlist improvements can be planned for the future. However, some issues may not be worth overlooking, even when the price, location, or curb appeal seem perfect. Before you commit to a fixer-upper or celebrate […]
Jul
28,
2020
28,
2020
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 […]
Jul
23,
2020
23,
2020
Mortgage interest rates reached record lows last month, giving many homeowners a substantial reason to pursue refinancing. However, if the current rates aren’t enough to persuade you, or other factors are holding you back, staying prepared to refinance is still a smart strategy. Most experts agree that a dramatic rise in interest rates is unlikely […]
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