Company News
Opendoor partners with Lower.com
Reading Time — 2 minutes
June 28, 2022
By Heather Harmon
Reading Time — 2 minutes
June 28, 2022
Providing customers with a simple, certain, fast and trusted moving experience is at the heart of what we do at Opendoor. Opendoor Complete combines selling, buying and closing into one seamless transaction. Paired with Opendoor Backed Offers, we’re helping everyone win their dream home.
Continuing with this effort, we’re pleased to announce our partnership with Lower.com, a financial technology platform that offers our customers a broader suite of products and services within home lending. Lower.com enables Opendoor customers with direct support from Lower’s sales and operations teams to make home lending, a historically complicated and cumbersome transaction, a much more pleasant experience.
Why we are choosing to partner with Lower:
Lower.com gives Opendoor customers access to a broader suite of products, such as FHA/VA loans and increases financing-product coverage across our ever-expanding market footprint.
By providing additional fulfillment capabilities, Lower.com helps provide a higher quality of loan processes and scalability of Opendoor’s lending arm.
Partnering with Lower.com helps give more products to more customers in more places, helping people to move when, where, and how they want.
“Our goal at Lower is to make homeownership more accessible, and to help more people buy homes, which aligns with what Opendoor has been doing since its founding,” said Lower.com co-founder and CEO Dan Snyder. “We strive to make it easy for companies to offer home lending to their customers, and we believe this partnership with Opendoor is an innovative solution to many customer pain points within the real estate transaction process.”
How can Opendoor customers utilize this partnership?
We’ve made this partnership as seamless as possible for our customers to utilize. If you are looking to finance a home, simply go to Opendoor.com and through your buying or selling journey, your dedicated Opendoor representative can provide more information on the partnership process.
With this partnership, we are proud to continue offering Opendoor customers more flexibility with how they choose to move, including the way they choose to finance. Our partnership with Lower.com is one more step in the right direction to making the real estate transaction simpler and more certain for everyone.
Heather Harmon is the Co-Head of OD Homes Brokerage