Be an owner from day one
You hold equity the day you get the keys — and keep building equity every month.
Own a North Carolina home with 2% down.No mortgage required.
Move in as an owner. Build more equity every month. Keep payments fixed for five years — taxes, insurance, HOA, and major repairs included.
- Email is enough to join
- Your information stays private
+310,000
customers served
- 2%
- To start owning — about $6k on a $300k home
- $29k
- Average saved vs. a typical down payment
- $392
- Average monthly savings vs. a conventional mortgage
- $17k
- Average equity owned after the first 24 months
A simpler path to owning in North Carolina.
Built to cost less up front.
The protections of renting. The equity of owning. None of the 10–20% down payment that keeps so many NC buyers on the sidelines.
Build equity brick by brick
Buy incremental equity in your home every month and lower your rent.
No surprise bills
Payments stay fixed for five years. We cover property tax, insurance, HOA, and major repairs so housing costs stay predictable.
We’re your partner, not a lender
No 30-year loan to start. We share in the home’s equity, so we’re aligned with you. Buy us out at fair market value when you’re ready, or cash out if you move.
Own vs. renting vs. a mortgage
See how Opendoor Own compares to the paths most North Carolina buyers consider first.
| Feature | Opendoor Own | Renting | A mortgage | Typical rent-to-own |
|---|---|---|---|---|
| Upfront cost | 2% to start | 1–2 months’ deposit | Often 10–20% down, plus closing | 2.5–7% option fee, usually non-refundable |
| Equity from day one | Yes. You own a share at closing. | No | Yes | No. Credits are not ownership. |
| Payment certainty | Fixed for 5 years | Can rise at renewal | Fixed on a fixed-rate loan | Often includes a rent premium |
| Taxes, insurance, major repairs | Included for five years, including HOA | Typically the landlord’s | All yours | Often shifted to you |
| If you leave early | Cash out equity at fair market value, minus a relisting fee | Deposit rules vary | Sell and keep your equity, net of costs | Option fee and rent credits are typically forfeited |
| Need a mortgage to start? | No | No | Yes | Not to sign — but yes to buy at the end |
How does it work?
From application to keys on a North Carolina home — without a traditional down payment.
- 1
Complete your application
A quick, 15-minute application gets you qualified.
- 2
Get a home budget
A quick eligibility check and a personalized budget — typically for a single-family home or townhome between $200k and $750k.
- 3
Find your dream home
Pick an eligible Opendoor home in Charlotte, the Triangle, or your NC metro.
- 4
Move in as an owner
Bring 2%. We co-invest the rest. You get the keys with equity on day one, then buy more of the home every month.
Join the North Carolina waitlist
Share a few details and we’ll follow up when we’re available in your area. No obligation.
Opendoor Own FAQ
Common questions from North Carolina buyers. We’ll keep these updated as the program takes shape.
Ready to own in North Carolina?
Join with your email. No obligation — we’ll follow up when we’re available in your area.