About Us
"The Hipp Team" with Open Mortgage is a private mortgage banker with over 20 years of experience in residential and reverse mortgages. We have THREE lines of business so that we have a product to fit almost any buyer. Try us out, we will "Make Better Possible"
Melinda Hipp, NMLS#219085, AZ LO#0944365
1870 W. Bitters Rd., Ste. 202, San Antonio, Tx 78248
Open Mortgage, NMLS 2975, AZ #0920359
The products and services we offer
Recommendations Received (26)
"Melinda Hipp of Open Mortgage in San Antonio is a top-rated specialist in reverse mortgages."
"She is great!"
Products & Services
Conventional, FHA, VA, Jumbo VA, Jumbo Conventional, USDA, Renovation and Texas Cash-outs.
A Home Equity Conversion Mortgage (or Reverse Mortgage) can be a financial planning tool for any homeowner 62 or older. Utilize some of the equit...
Texas based Private Mortgage Banker assisting homeowners and future homeowners with all of their financing needs. Whether a first time buyer, or ...
Recommendations Given (31)
"If you are looking to downsize to your final retirement home and wanting a NEW home, talk to..."
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"If you are looking to downsize to your final retirement home and wanting a NEW home, talk to David about his options in San Antonio and Blanco at Rockin'J Ranch. Combine the retirement home with a Reverse Mortgage for purchase for a win/win!"
"Cindy is an expert in the Lakeway and Horseshoe Bay/Marble Falls areas. If you are looking for..."
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"Cindy is an expert in the Lakeway and Horseshoe Bay/Marble Falls areas. If you are looking for someone to assist you sell your home, buy a vacation home/land or anything else, she's the one you should go to! "
Recent Activity
Hi Myrtis. It will provide more benefits over time as long as they do not have a large remaining balance on a current mortgage or lien. Every client is different however, so they do need to speak with a specialist in their area and also do the necessary financial assessment. If you need a...
(more)
Hi Myrtis. It will provide more benefits over time as long as they do not have a large remaining balance on a current mortgage or lien. Every client is different however, so they do need to speak with a specialist in their area and also do the necessary financial assessment. If you need a referral let me know.
I think it is currently the inability to save money and understand that a house payment is not the ONLY financial requirement for a home. With rates going up and in our are the home prices going up quickly in 2 years, all first time homebuyers do not understand that even though there are low...
(more)
I think it is currently the inability to save money and understand that a house payment is not the ONLY financial requirement for a home. With rates going up and in our are the home prices going up quickly in 2 years, all first time homebuyers do not understand that even though there are low down payment option, they do not have the closing costs and prepaids saved up. Sellers are not willing to contribute right now so yes, you can do 3 - 3.5% down, but your need that much in closing costs and prepaids also.
