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.
Borrowers that qualify for a home purchase loan will receive a $1,000 credit at loan closing. This amount may be prohibited or reduced on the basis of promotions, seller contributions, loan type, or law. Offer available for a limited time only for purchases of property in Arizona*, Colorado, Florida, Georgia*, North Carolina, South Carolina, Tennessee, and Texas*. (*In Arizona, Georgia, and Texas, the $1,000 closing credit is not available for purchase of homes owned by Opendoor.) Void where prohibited by law.