Open Mortgage
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Open Mortgage
Whether you want to buy a new home, refinance your mortgage, or are considering a reverse mortgage, we may be able to help. Use one of our quick & easy tools below to get started today! At Open Mortgage, we strive to bring you a better mortgage experience for all of life's big moments.

Whether you're a first-time homebuyer, investor, ready to refinance or exploring reverse mortgage options, we're committed to providing you unparalleled support, transparent communication and a partnership built on trust.Every home is a milestone, and every mortgage is a cornerstone. With a wide variety of lending options and a single minded dedication to closing, we're with you every step of the way.
Services
Open Mortgage maintains operations centers in Austin, TX, and Atlanta, GA, in addition to 63 branches in 22 states, including many third-party originators, in addition to an out of state referral program. Primed for expansion, we are currently licensed in 46 states and the District of Columbia. Open Mortgage is a multi-channel mortgage lender that serves thousands of clients annually.
This book covers the basics to advanced topics on a reverse mortgage and retirement finance. From the history of the reverse mortgage up to current practices. Learn what it takes to qualify, how this loan works, if the loan is for you, and how to step through the whole process. We cover the life of the loan and how it is ultimately discharged.
Nothing sets a company apart more than its people. We are proud to have assembled a team of experienced, knowledgeable and friendly senior staff. Scott comes from a high-tech and entrepreneurial background and has over a decade of experience in the banking industry. He is an author, and the Founder, President and CEO of Open Mortgage.
For loan officers looking for a new opportunity on a winning team, Open Mortgage is committed to providing you the training and support you need to make your goals possible. From continuing education to marketing automation, we've got you covered to give you every opportunity to strive for greatness.
Open Mortgage offers Partner Programs that can help grow your business by, expanding your service offerings, and help you add value to your clients without having to make large investments in additional resources. Select the Open Mortgage Partner Program that is the right fit for your business and start growing your business today.
Reviews (13)
Bala Baligis Abubakar
Bala Baligis Abubakar
Dec 06, 2021
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The key to trading success is emotional discipline and a well perfect Miner. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason why people lose money in the financial markets is that they don’t cut their losses and take a bold step into… success, getting a good miner who helps you manage your trade account is what we all need! With the help of Mrs Janet Wilder I have been doing perfectly fine with my Trade account no more lost and complains , get your self a good Trader
Monica Lopez
Monica Lopez
Jan 11, 2021
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We highly recommend using this company when purchasing a home! Lori and Rick Sandon from Tampa were awesome! They made sure we had everything done in a timely manner and answered our million +1 questions as first time buyers. They made the process quick and easy!
Vy Duncan
Vy Duncan
Jul 16, 2020
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Kristi Le at the McKinney TX branch went above and beyond when it came to us buying our dream house. A friend refinanced with Open Mortgage and recommended her to us. I was able to get a pre-approval letter during a holiday weekend within an hour. She also got me a very low interest rate. Kristi was professional, trustworthy, kind and very… knowledgeable with any questions I had. They would send me updates and progress on where we were at in the process and would clearly list out what was needed to keep on moving forward, and if for any reason I had any questions she was just a phone call
Jennifer Castro Rayl
Jennifer Castro Rayl
Apr 25, 2020
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Sherry Sherrell and her team in Northwest Arkansas are top notch professionals at Open Mortgage. Not only do I refer all of my clients to her, but I recently used Sherry for my personal mortgage. I received a great rate and customer service is bar none. They are always available and willing to go the distance for their clients.
Josh Hanawalt
Josh Hanawalt
Jan 24, 2020
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Michael Abbondanza was by far the worst lender I have EVER worked with. Stay far far away from him. Plenty of people that have worked with him in the past feel the exact same way!
Muy Chou
Muy Chou
Jun 20, 2019
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TESTIMONY!!!TESTIMONY!!! GET LOAN APPROVED IN FEW HOURS I am highly grateful to SPENCER SAVINGS BANK for granting and crediting my bank account with a loan amount of $46,000 within few hours of application. With Great joy, I sincerely refer and recommend this loan company to everyone who requires a loan. they offers Personal, Business, House and Startup capital loans among others. CONTACT HER VIA EMAIL: spencerloan.usa@hotmail. com Or you can text and also whatsApp them via +1-786-651-3688
Brenda M. W. Hatch
Brenda M. W. Hatch
Jan 25, 2019
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Working with my Loan Processor, we closed a HECM 17 days after she received the file. Go Team Hatch!
Mario Torres
Mario Torres
Jul 14, 2017
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As a mortgage brokerage, we see a variety of different issues, conditions, company standards, and processes with each lender/bank that we partner with. And, not all files are created equal, as some require more effort and diligence on behalf of both parties to accomplish the final goal of funded financing. That said, my office will never work with… Open Mortgage LLC, again. To say they were incompetent would be far too generous. Their approach in processing a file is disjointed, and most importantly, headless. We could not find one single individual (and we called them all, senior management
Troy Sheets
Troy Sheets
Nov 13, 2015
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Wouldn't recommend this company out of Tulsa Oklahoma to anyone. The communication is horrible, they act clueless, an will put words out there that was never said. I have every email that will show you what I mean.
Forgot this was still up, so i need to update....Since posting this i recived a call from there Texas Office an the lady i talked with was really nice an understanding of what i was telling her. I recommend dealing with the Texas Office for a home loan.
Ruthi C.
Ruthi C.
Oct 02, 2015
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I had a wonderful experience with Open Mortgage. Another mortgage company in the Dallas Ft. Worth area Sunwest Mortgage asked us for a 750 credit score or better. I was like what that is hard now days. Crystal Whitten with Open Mortgage approved us fast. They made it so easy and not that much pressure at all. Unlike other closings that drag and take forever we were done in about three weeks. The only pressure was the seller. Crystal was excellent with fast communication and very sweet and professional. I would recommend this company to anyone. I don't understand why other people had a bad
Lisa Yeager Creed
Lisa Yeager Creed
Sep 30, 2015
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Unfortunately I am having issues with moving a file out of underwriting in a timely manner. Was told it went to underwriting last Thursday for a closing on the following Wed. Was told on Monday we were simply waiting on the file to come out of underwriting and should still make close on Wed. We've already requested a RUSH and are looking at yet a… third request to extend the contract. My clients are now at the point where they have no faith or trust in what is happening. If there is someone out there who can help move our file into CTC status it would be greatly appreciated.
Debra D.
Debra D.
Sep 24, 2015
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RUN, RUN, AS FAST AS YOU CAN!!
From this company any branch of OPEN MORTGAGE they have branches everywhere!! They screwed up our house purchase!! Every bad complaint you read is TRUE. We had the worst experience ever!!!
It's a franchise that people can buy into "thier broker was nothing better than a paper pusher!
We lost tons of money on stuff not to mention a ding on our credit!
Consumer A.
Consumer A.
Jan 29, 2014
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Stay far, far away from this "lender." One star is too much. Their senior loan officer wrote a pre-approval for buyers who didn't have the cash for the earnest money, let alone down payment. Thankfully, they didn't place an offer on a house because they would have lost their option money, inspection money, and possibly appraisal fee. After consulting with a real lender, they discovered they won't qualify to buy a home for at least 2 more years. If you're a buyer, run from this "lender." If you're a seller, be very wary because the buyer might not