OPEN MORTGAGE, LLC
RICHARDSON, TX

Open Mortgage maintains operations centers in Austin, TX and Atlanta, GA in addition to 79 offices in 23 states. Primed for expansion, we are currently Business Open Mortgage is a multi-channel mortgage lender that serves thousands of clients annually. We also provide extensive training and support for both retail and partnered loan officers. Mission To continue building a legacy in the mortgage and lending world as a genuinely caring company that invests in the education and support of both our origination channels and customers. To maintain an environment that fosters respect, creativity and commitment and where employees are aligned through the mission, vision and values of the company. Over the last 15 years, we’ve built Open Mortgage to offer a wide variety of mortgage options. But one thing hasn’t changed at all. We’re in the business of empowering people. HECM counseling is required before applying for a reverse mortgage. Our loan originators will provide you with a list of HUD Certified Housing Counselors, and will be available to answer your questions. The advice you receive will put you on a path to choosing the right reverse mortgage. There are more ways than one to use a Home Equity Conversion Mortgage. At Open Mortgage, we offer programs that could help you achieve your financial and life goals, and together, we’ll explore the best options for your specific situation. When you’ve decided you’re ready for a reverse mortgage, we will provide you with a 1009 application. Congratulations! You’ve taken a big step in securing your future. In order to asses the loan you qualify for, your home must first be appraised. An appraisal will give Open Mortgage an unbiased estimate of your home’s value and ensure that your requested loan amount is appropriate. It’s the big day. We work with our closing department to gather paperwork and confirm all the details. When everything has been reviewed and approved, there’s just one thing left: Your signature. Our services extend beyond the mortgage process. Open Mortgage offers tips and advice regarding home improvement, retirement and aging in place. No matter where you’re headed, we’re here to guide you. At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds HECM counseling is required before applying for a reverse mortgage. Our loan originators will provide you with a list of HUD Certified Housing Counselors, and will be available to answer your questions. The advice you receive will put you on a path to choosing the right reverse mortgage. There are more ways than one to use a Home Equity Conversion Mortgage. At Open Mortgage, we offer programs that could help you achieve your financial and life goals, and together, we’ll explore the best options for your specific situation. When you’ve decided you’re ready for a reverse mortgage, we will provide you with a 1009 application. Congratulations! You’ve taken a big step in securing your future. In order to asses the loan you qualify for, your home must first be appraised. An appraisal will give Open Mortgage an unbiased estimate of your home’s value and ensure that your requested loan amount is appropriate. It’s the big day. We work with our closing department to gather paperwork and confirm all the details. When everything has been reviewed and approved, there’s just one thing left: Your signature. Our services extend beyond the mortgage process. Open Mortgage offers tips and advice regarding home improvement, retirement and aging in place. No matter where you’re headed, we’re here to guide you. At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds Open Mortgage is a multi-channel mortgage lender. We believe that better is possible, and we are constantly striving to bring a better mortgage experience to everyone.