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Use our free Life Expectancy Set Aside (LESA) calculator to educate yourself on the amount needed to set aside funds to pay property charges, including homeowners insurance, property tax, and HOA dues. A LESA sets aside a portion of your reverse mortgage line of credit for the purpose of paying these future charges, giving you peace of mind. (Enter annual amounts.)* Legal

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Last Minute Thanksgiving Side Dishes

November 16, 2017

The Thanksgiving meal—a time for hosting family and friends in your home, and also forgetting that dietary preferences for half your guests don’t fit the menu you planned.

Whether your family serves hors d’oeuvres while comfortably waiting for the main event, or waits in tense silence for the turkey to finally finish,

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Snuggle Buddies: Unique Volunteer Ideas For Retirees

November 14, 2017

Retirement is a great time to start a regular volunteering gig. Not only is it a great way to ward off some of the boredom and loneliness that can come with major life changes (like retirement), it’s also a way to help others and get to know your community.

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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.

Buying a home

Open Mortgage also offers HECM for Purchase (H4P), which lets seniors 62 and older combine two financial transactions — a down payment with a reverse mortgage loan — to purchase a new home.

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.

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