1870 W. Bitters Rd. Suite 202
San Antonio, TX 78248
Office 210-493-7332 | Cell 210-602-2603
Toll Free 844-265-5513
Your home’s value may be the highest it’s
been in some time. So why not take advantage of the steady equity
growth we have recently had. If your home currently has a mortgage
or home equity loan, the Reverse Mortgage could pay off that debt,
plus any other debt you wish.
About Melinda Hipp
Melinda Hipp is Branch Manager with Open Mortgage in San Antonio and specializes in working with senior homeowners 62 and over who would like to access the equity in their home through a Reverse Mortgage.
Melinda is one of only 2 CRMP's (Certified Reverse Mortgage Professional) in TX designated by the National Reverse Mortgage Lending Association.
She has handled hundreds of satisfied
Reverse Mortgage clients over the past ten years with many raving
fans. She and her team are dedicated to giving you boutique service
and personalized customer experience.
Melinda regularly provides training to local real estate professionals and holds the designation of MBA, CRMP (Certified Reverse Mortgage Professional) and CMC (Certified Mortgage Coach.) Melinda is also an active member of NRMLA (National Reverse Mortgage Lender’s Association). An avid golfer, Melinda was a charter member of the San Antonio Chapter of the Executive Women’s Golf Association. She is currently a member of the National Reverse Mortgage Lender’s Association, Women’s Council of Realtors, San Antonio Board of Realtors, CRS and a board member of Golf San Antonio.
About Open Mortgage LLC
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. Whether you’re buying a home,
looking to refinance, or interested in a reverse mortgage, we do it
all. No matter where you are on your journey, we could bring you
closer to home. Enjoy your retirement on your terms.
Stability and success are important at every stage in your life. For those exploring reverse mortgages, we understand that your family and your security are paramount. We provide quality customer care you can trust. We’ll guide and educate you through the process to make it manageable, with transparent communication and a commitment to make sure your needs are taken care of before, during and after the loan. We’re dedicated to helping you achieve your financial goals.
Your Reverse Mortgage Professional Melinda Hipp, will educate you about your options, but below are the basic homeowner eligibility requirements:
Must be 62 years or older
Live in home as primary residence; vacation homes and investment properties do not qualify
Complete a HUD-approved counseling session
Must be able to pay homeowners taxes, insurance and any applicable HOA fees
Common Reverse Mortgage Questions
Why should I get a Reverse Mortgage instead of refinancing, financing or getting a home equity loan?With a Reverse Mortgage, you do not have to make any monthly mortgage payments. Your credit score is also not the main determining factor for approval. Even if you have been turned down for a regular mortgage you still may qualify for a Reverse Mortgage. (Must maintain home as primary residence & keep property taxes, homeowner's insurance and HOA dues current)Is a Reverse Mortgage a Safe Product?
Contact Melinda Hipp Today!
Ultimately, our goal is to help our senior clients find the perfect solution for their needs. To do so, we firmly believe in educating our clients to the utmost, and allowing them access to straightforward, objective information and answers. For more information about please contact Melinda Hipp, Branch Manager, or complete the Request for Information form below.
NMLS #2975 - AZ #0920359
14101 W Highway, 290 #1300
Austin, Texas 78737
Toll Free: 888-602-6626
Disclosure Statement - Open Mortgage is not affiliated with any governmental agency. The material shown on this site is for informational purposes only and is not an offer to lend or extend credit. All applications are subject to underwriting approval and guidelines. Not all applicants will qualify for loan products described.
All loan programs, terms, pledges, guarantees and conditions are subject to the rules and regulations and to change without notice. The products and services shown are not available in all geographic areas. The information and graphics shown are provided "as is" and Open Mortgage does not warrant the accuracy or completeness and disclaims any liability for errors, omissions or performance of the stated terms.
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