Blog

Jul 30, 2020
Older couple
Reverse mortgages have recently started to become a proactive part of a comprehensive retirement plan. They can be particularly effective for homeowners whose wealth is primarily in home equity. Watch this video if you are a new retiree who doesn’t need money now but wants the security that comes with knowing it’s available during economic […]
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 […]
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 […]
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 […]
Dec 18, 2017

Home equity conversion mortgages (HECM), also known as reverse mortgages, let eligible Americans 62 and older borrow money from their home equity. While HECMs can be a powerful tool for certain individuals and families, they’re not meant for everyone. Watch this video to learn if a HECM could be right for you.

Sep 12, 2017

If you’re considering a reverse mortgage, we advise talking to your adult children beforehand about your thoughts and goals. This video provides some tips to help guide this conversation:

Sep 11, 2017

If you’re self-employed, it’s still very possible to get a mortgage, though it can be more challenging. This video details how you can get a mortgage if you’re part of the fastest growing segment of America’s workforce (freelancers and the self-employed).

Sep 6, 2017

Before you can receive a home equity conversion mortgage (also known as a reverse mortgage), you’re required to take part in a third party counseling session with a government-approved counselor. This counseling session helps you learn more about the loan. Depending on your financial circumstances, there could be fees for this session. Learn about the […]

Sep 5, 2017

Many people don’t realize how much money they can save over time by securing a lower mortgage rate. This video provides some practical tips on securing a low interest rate when applying for a mortgage.

Aug 30, 2017

When you apply for a reverse mortgage loan, you will need to provide some documentation. It is a good idea to create a checklist of all the documents that you may need for the reverse mortgage process. This video breaks down the documents you should gather before applying for a reverse mortgage.

-->