Opendoor Home Loans
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Promotions, Terms, and Conditions

No Lender Fees

Opendoor Home Loans does not charge any application, origination, or processing fees. If borrowers choose to buy down their interest rate, they will be assessed a discount points fee.

Current Lender Incentives

The terms "Buyer", "Opendoor" and "Opendoor Home" are defined in the Opendoor Terms of Service. Unless otherwise specified, lender incentives may not be combined.

(1) $2,500 Lender Incentive for Opendoor Homes

Buyers of Opendoor Homes in Arizona, Colorado, Georgia, North Carolina, South Carolina, Tennessee, and Texas who choose to finance their purchase of an Opendoor Home with a loan from Opendoor Home Loans will be eligible for $2,500 off closing costs in the form of a $1,500 seller credit from Opendoor and $1,000 credit from Opendoor Home Loans.

These credits may be prohibited or reduced on the basis of loan restrictions (including on maximum contributions) or law. Any portion of the seller credit, if applicable, not applied to closing costs will be used to reduce the purchase price to ensure Buyer receives the entire amount of the seller credit.

Opendoor Homes that are part of our Exclusives program are not eligible for this incentive.

In addition, Buyers of Opendoor Homes that were purchased by Opendoor as part of an Opendoor-Backed Offer Program Agreement with that Buyer are not eligible for this incentive.

(2) $1,000 Lender Incentive for Homes Not Owned By Opendoor

Buyers of homes not owned by Opendoor in Arizona, Colorado, Georgia, North Carolina, South Carolina, Tennessee, and Texas who choose to finance their purchase with a loan from Opendoor Home Loans will be eligible for $1,000 off closing costs in the form of a $1,000 credit from Opendoor Home Loans.

This credit is offered by Opendoor Home Loans, not Opendoor, and may be prohibited or reduced on the basis of loan restrictions (including on maximum contributions) or law.

(3) $1,000 Lender Incentive for Opendoor Exclusives

Buyers of Opendoor Homes offered as part of our Exclusives program who choose to finance their purchase of an Opendoor Home with a loan from Opendoor Home Loans will be eligible for $1,000 off closing costs in the form of a credit from Opendoor Home Loans.

This credit is offered by Opendoor Home Loans, not Opendoor, and may be prohibited or reduced on the basis of loan restrictions (including on maximum contributions) or law.

(4) $1,000 Lender Incentive for Opendoor Homes purchased through an Opendoor-Backed Offer

Buyers of Opendoor Homes that were purchased by Opendoor as part of an Opendoor-Backed Offer Program Agreement with that Buyer who choose to finance their purchase of an Opendoor Home with a loan from Opendoor Home Loans will be eligible for $1,000 off closing costs in the form of a credit from Opendoor Home Loans.

This credit is offered by Opendoor Home Loans, not Opendoor, and may be prohibited or reduced on the basis of loan restrictions (including on maximum contributions) or law.

3300 Dallas Parkway Suite 200

Plano, Texas 75093 | NMLS 1574366

©2022 Opendoor Home Loans LLC. All rights reserved.

Lending services provided by Opendoor Home Loans LLC, a subsidiary of Opendoor Labs Inc