Determine your monthly mortgage payment using our free calculator. Buying a home is a milestone, and it’s one of the most significant purchases you can make. It’s important to know what your mortgage payment could be, and how much you can afford.

If you plan to make a downpayment of less than 20% of the home’s value at purchase, you will be required to purchase private mortgage insurance (PMI).* Legal

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Each month we produce a email newsletter that highlights an important topic in the realm of mortgages or homes in general. Please enter your contact information to the form on the right and click the submit button to be added to our mailing list.


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  Welcome  

As a mortgage banker with branches from the east coast to the west I see every kind of loan, and every kind of borrower.  My goal with this blog is to offer my Insider Tips to help you with your next mortgage, be it a purchase or refi, and no matter the loan type.

Open Mortgage has every FHA approval available, with Direct Endorsement and self-insuring.  We have every VA and USDA rural approval as well.  We offer every size of loan.  We are also highly experienced in Reverse Mortgages.  We are full-service, in that we have staff in-house to handle every step of the process, including processing, underwriting, closing, funding, shipping, and insuring, on every type of mortgage including Reverse Mortgages.

If I can help you personally, please contact me through the Contact link above or through my phone or email to the right.

Scott Gordon
CEO, Open Mortgage, LLC

Video: Is a Home Equity Conversion Mortgage Right for You?

August 16, 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.

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Types of Eco-friendly Renovations Available for Your Home

August 14, 2017

Over the past few years, more and more homeowners are investing in environmentally friendly home renovations. Not only are these upgrades good for the environment – they also have the potential to improve the value of your property and increase your home’s equity, while possibly decreasing energy consumption costs as well.

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What Happens When a Reverse Mortgage Becomes Due?

August 10, 2017

Reverse mortgages provide seniors with an opportunity to take out a home loan on the equity of their current home. Seniors can continue to live on their property without making any additional mortgage payments. Interest is added to the balance of the loan.

With a reverse mortgage,

Read More

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Refinancing
Reverse Mortgage

Products

FHA Loans
203k Loans
Veterans VA Loan

Professionals

Loan Originator
Office Manager
Lending Operations

Buying a home

Every home is a milestone. Every mortgage is a cornerstone. Whether you're buying a new home, remodeling or ready to refinance, we understand that a loan is more than a tool to achieve your dreams -- it's a belief in you and the importance of your goals.

Refinancing a home

Take advantage of a lower rate that could reduce your monthly payment or change the term of your loan. Our outstanding customer service and commitment to provide transparent communications means that Open Mortgage makes your priorities our mission.

Reverse Mortgage

Stability and success are important at every stage in your life. For those exploring the benefits of reverse mortgages, we understand that your families and your security are paramount. We provide quality, dependable customer care you can trust.