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

Loan Amount
Down Payment %
Interest Rate
Term Years

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.


Don't miss another newsletter - sign up today!

Name*
Phone Number
Email Address*
Zip Code*
  Welcome  

Protecting Your Privacy During the Mortgage Process

September 20, 2018

Unfortunately, the failure to protect personal data and financial information is all too common. As identity theft continues to rise, taking proactive steps to safeguard the records that can put us most at risk is essential.

While the possibility is always present, the depth and sensitivity of information requested during the mortgage application process warrant added vigilance.

Read More

Six Costs Of Homebuying You Need To Know

September 18, 2018

Nearly every homebuyer starts with a budget. Beginning the process with a down payment and sales price in mind could simplify your search and avoid the disappointment that comes with falling in love with a home you can’t afford.

However, it’s not unusual for home shoppers,

Read More

Mortgage Without Marriage: Buying A Home With Your Partner

September 13, 2018

Times have changed, and so has the way couples are buying homes. While some commit to a mortgage before they commit to marriage, others plan to own a home with a domestic partner and forego a legal union altogether. If you’re one of the many unmarried couples contemplating the purchase of a property,

Read More

Is A Reverse Mortgage Right For You?

September 11, 2018

If retirement is on the horizon or you’re already a retiree, financial security is likely a concern. Stepping away from a career (and the consistent paycheck that comes with it) may require a comprehensive strategy to ensure your golden years are adequately funded.

One of the tools many people turn to in retirement is a Home Equity Conversion Mortgage (HECM).

Read More

Making Space For Things That Make You Happy

September 6, 2018

Home improvement isn’t just about fixing what’s broken. It’s also about improving and expanding your home to accommodate your needs as you grow. Whether it’s indoor remodeling, structural modifications or landscaping and exterior beautification, home improvement projects should improve your quality of life as well as your level of satisfaction with your house.

Read More

Refinancing? Here’s How to Prep for an Appraisal

September 4, 2018

Before you can refinance or sell your home, an independent appraiser must determine its value.  Appraisers come to their conclusions by comparing your home to similar properties that have recently sold in the same area. They’ll make price adjustments based on differences in size, condition or features. It might seem scary that so much of your hard work rests on the decision of one person,

Read More

Shining City on a Hill: Top Cities for Millennial Homebuyers

August 30, 2018

An “overwhelming majority” of renters under age 35 hope to be homeowners one day, according to studies by the National Association of Realtors (NAR). Why are they waiting longer than previous generations to buy? There are several reasons, but a few that have contributed to the statistics include slower national wage gains,

Read More

Downsize Your Home and Maximize Your Retirement With A Reverse Mortgage

August 21, 2018

Approaching retirement may demand a careful examination of your financial situation. Enjoying your golden years and supporting your lifestyle can mean making tough decisions regarding future priorities.

One of the most important choices faced by retired homeowners is whether or not they should remain in their current home.

Read More

Making The Case For A Mortgage When You’re Self Employed

Being your own boss can mean hard work, long hours and big rewards. It can also make applying for a mortgage much more intimidating. While traditional employees can provide lenders with W-2s and consistent paychecks, being self-employed complicates the income verification process.

However, by understanding what lenders will be looking for,

Read More

Moving to Age in Place? Here’s What to Look for In a New Community

August 16, 2018

Making decisions about the future is never easy, but that’s especially true for those considering where they want to age in place. A HECM for Purchase can give you options, and help you move to a community better suited for your later retirement years.

Read More

Customers

Buying
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.
 

    Videos    

We Are Open Mortgage

    More Videos