Is Opendoor Home Loans a licensed lender?

Yes. Opendoor Home Loans LLC is a licensed mortgage lender, NMLS ID 2810193. You can verify our license through NMLS Consumer Access.

How long will it take to pre-approve my loan?

Buyers can get a pre-approval the same day. Apply online in about ten minutes and connect your income and asset documents to get a real rate and payment, not a ballpark.

Why are your Opendoor Home Loan mortgage rates so low?

We use technology to keep the mortgage process simple and our costs low. That helps us offer lower rates.

Is the Opendoor mortgage product available to everyone?

Yes — we lend on any home in the states where we’re licensed, Opendoor-owned or not. Approval depends on credit, income, and property review like any mortgage. Buying an Opendoor home earns our best pricing, because we already know the property and coordinate the closing on both sides.

Can I switch to Opendoor Home Loans if I’m already locked with another mortgage company?

Yes, in most cases — up until your loan funds. Send us your current Loan Estimate and we’ll show you side by side what changes. There’s no fee to get a second quote.

Get lower rates fromOpendoor Home Loans

Explore today’s rates and estimate your monthly payment before you apply.

See today’s rates

A couple at home reviewing their mortgage rate together

A mortgage that moves you

A fair and honest rate.

We’re here to help you, not sell you. On a $300,000 loan, half a point lower saves about $98 a month.

Built to cost less.

We use technology to keep the mortgage process simple and our costs low. Those savings help us offer lower rates.

Our rates. Your home.

Buying an Opendoor home

Location

Purchase price

Down payment

Loan term

Credit score

Rate / APR

Estimated principal & interest

Buy a lower rate

Pay points at closing to choose a lower available rate.

0 pts

This calculator shows estimates for fixed-rate mortgages only. To see available ARM options, complete an application.

Pricing is based on a 30-day rate lock.

Rates, APRs, and costs are estimates based on the information provided. They are for informational purposes only, can change without notice, and do not represent an offer of credit or a commitment to lend. APR for buying an Opendoor home is achieved by Opendoor Home Loans paid discount points. Products are not available in all markets. Final availability and terms depend on a completed application, underwriting, property details, and market conditions.

The monthly payment shown includes principal and interest only. Property taxes, homeowners insurance, mortgage insurance, HOA dues, and other costs are not included. Discount points and other closing costs are due at closing.

All mortgage services are provided by Opendoor Home Loans LLC (NMLS ID #2810193), an Equal Housing Lender. Verify our license.

Reviews of
Opendoor
Home Loans

"I was pre-approved by two different lenders and Opendoor blew the other lenders' rates out of the water. No one believes I didn't have to buy down points to get my mortgage rate."
Pamela C.
Colorado
"Opendoor's mortgage rates were significantly better than the competition's. Working through the loan was relatively painless."
Greg H.
Colorado
"Working with Opendoor was smooth and surprisingly easy."
Dara H.
Colorado

How does it work?

Confirm your eligibility

Get pre-approved with actual mortgage rate and payment information.

Lock your mortgage rate

Protect your rate from market changes while you get ready to close.

Complete your loan

We’ll guide you through underwriting and get your mortgage ready to fund.