Blog

Dec 17 2020
Couple doing carpentry
Purchasing a fixer-upper can be an exciting adventure—then again, buying a move-in ready home can be faster and easier on many new homeowners. In this video, Open Mortgage CEO and founder Scott Gordon offers tips to help make the decision easier. Some topics he covers: Rising construction costs and why an older home may offer […]
Nov 19 2020
Older couple
Do you envision a reverse mortgage in your future? Possibly in 2021? In this video, our CEO and founder Scott Gordon advises you on preparing for a reverse mortgage application. Some of the topics he discusses: Which documents you’ll need to start gathering Communicating with heirs about your decision to apply for a reverse mortgage […]
Nov 17 2020
Family sitting on a porch
Interest rates are nearing historic lows, making the choice between a short term or long term mortgage tougher than usual. In this video, CEO and founder Scott Gordon talks about what to keep in mind as you make this important financial decision. He discusses: How to choose between a 15 or 30-year mortgage term Considering […]
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 […]
Oct 22 2020
House in background
When we buy a home, we usually expect it to be a long term commitment. In this video, our CEO and founder Scott Gordon discusses what to do if life’s circumstances require you to sell earlier than planned, plus ways to make that process easier. Some of the topics he covers: Finding an experienced realtor […]
Oct 8 2020
A man in the background
Building a relationship with your neighbors offers more than just a bigger social circle. In this video, our CEO and founder Scott Gordon discusses the many benefits of getting to know the people living next door. Some of the topics he covers: Helping seniors who are concerned about running errands during the pandemic Protecting each […]
Sep 29 2020
House
Knowing the basics might help you choose between the FHA loan or conventional mortgage that you’re considering. In this video, our CEO and founder, Scott Gordon, covers the following topics: Picking your loan based on having a less-than-ideal credit score Looking for loan options that provide better interest rates Loan requirements like private mortgage insurance
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 […]
Sep 17 2020
home interior
Your savings account is only one of several factors that determine how much money a mortgage lender lets you borrow. In this video, Open Mortgage CEO and founder, Scott Gordon, discusses ways to increase your buying power. Some topics he covers: Understanding debt to income ratio How your credit score can impact your interest rate […]
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 […]