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+1 (409) 987–5874
[email protected]
6036 Richmond hwy.,
Alexandria, VA, 2230

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Estimated savings are calculated based on the credit profiles of all loans originated as of December 01, 2017 in which the funds were used for credit card refinancing. OpenMortgage calculates estimated savings by deriving current credit card APR using minimum monthly payment and 1% of the principal balance. We then compare estimated credit card APR to OpenMortgage APR to determine median savings per borrower. To evaluate savings on a loan you are considering, it is important to compare your actual APR from your existing debt to the APR offered by our company.

Loans used to fund education related expenses are subject to a 3 business day wait period between loan acceptance and funding in accordance with federal law. While most of our borrowers opt for automated recurring payment for ease of use, we also accept payments by check or one time electronic payments. Borrowers have the flexibility to choose the repayment method that works best for them.

The average 3-year loan on OpenMortgage will have an APR of 17% and 36 monthly payments of $31 per $1,000 borrowed. The average APR on OpenMortgage is calculated based on 3-year rates offered in the last 1 month. You can find out more information from our agents.