Opendoor Home Loans
Enter your home price, down payment, and loan term to estimate your monthly payment. Financing available through Opendoor Home Loans — get pre-qualified in minutes with no credit pull.
All Opendoor mortgage services provided by Opendoor Home Loans LLC. NMLS ID# 2810193 (www.nmlsconsumeraccess.org). 1295 West Washington Street, Suite 115, Tempe, AZ 85288. 480-618-6760. This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Interest rates and APRs are based on recent market rates, for informational purposes only, subject to change without notice, and may be subject to pricing add-ons related to property type, loan amount, LTV ratio, credit score, and other factors. Terms and conditions apply. Not everyone will qualify. Opendoor Home Loans is currently licensed to originate mortgage loans in Colorado. Additional states coming soon. Rates change daily - see today’s Opendoor rates at homebuyer.com/rates.
Over the past 69 days, Opendoor’s mortgage rate with $0 lender fees has averaged 0.73% lower than the market average. On a $400,000 home with 3% down, that’s approximately $196/month in savings compared to the market rate.
Opendoor Home Loans rates are updated daily. To see today’s Opendoor rate versus the national average across all credit score tiers, visit homebuyer.com/rates.
Opendoor Home Loans charges $0 lender fees and $0 origination fees. When comparing loan offers, always compare APR and total loan costs — not just the interest rate.
How it works
Opendoor Home Loans is currently available in Colorado, with more states coming soon. Start at homebuyer.com.
Understanding your rate
Your monthly payment depends on more than the loan amount. Key factors:
Credit score: Borrowers with 780+ scores receive the best available rates. A score of 680–699 may increase your rate by 0.5–1%.
Loan-to-value (LTV): A down payment of 20% or more eliminates PMI and qualifies you for lower rates.
Loan term: A 15-year mortgage carries a lower rate than a 30-year loan but requires higher monthly payments.
See rates by credit score at homebuyer.com/rates.
$0 lender fees
Most mortgage lenders charge origination fees of 0.5–1% of the loan amount. On a $400,000 loan, that’s $2,000–$4,000 in upfront costs that you never get back.
Opendoor Home Loans charges $0 lender fees and $0 origination fees. Combined with a rate that has averaged 0.73% below market, the all-in cost of an Opendoor mortgage is typically significantly lower than a traditional lender.
Compare your loan estimate side-by-side at homebuyer.com/compare.
No credit pull required. Manage your entire mortgage online — rate lock, document upload, and closing — all through Opendoor Home Loans.