2019 HW Vanguard: Scott Gordon

Open Mortgage CEO

Open Mortgage has experienced significant growth over the past 12 months, which is a direct response to the leadership and decision making of the company’s CEO, Scott Gordon.

Gordon, who is a serial entrepreneur with an education in software engineering, and an interest in start-ups and business investing, is currently a board member for several financial organizations across the country.

In 2018, Gordon worked to position Open Mortgage in a favorable position for expansion by building up its forward and reverse lending departments, as well launching new marketing and operational products that aimed to help employees grow their personal businesses. 

Gordon also oversaw the on-boarding of Live Well Financial’s core team of mortgage lending executives and roughly 50 sales and operations employees, which significantly increased Open Mortgage’s national footprint and service capabilities. 

Additionally, he led the charge in the acquisition of Premier Home Mortgage, a lender that specialized in financing rural and small-town American communities, which added $300 million in loan value to the company. 

Through the acquisition, the company has now added offices in Iowa, Montana, South Dakota and Wyoming – all markets that were previously untapped by Open Mortgage. As a result, Open Mortgage, which was awarded the #10 spot on the top HECM lenders in the nation list, is now predicting 30% production growth within the next year, coupled with a 30 to 50% production increase. 

What’s the best advice you’ve ever received?

“When asked what he would do differently Michael Dell said, ‘I would hire better people sooner.’ I believe your people are everything, and this advice is more powerful than people realize.”

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