Opendoor pilots mortgage feature in Phoenix, continues hiring locally

By Hayley Ringle | Phoenix Business Journal

The fast-growing online home buying and selling company Opendoor.com has begun piloting its mortgage and title options for customers in Phoenix as it continues hiring in the city and expanding across the country.

The San Francisco-based company, which launched first in the Phoenix metro area in early 2015, has been building its online Opendoor Mortgage feature since the beginning of the year, said Opendoor co-founder and CEO Eric Wu.

“As we automate the buying and selling real estate process, we’re always finding ways to make it simpler,” said Wu, who grew up in the Valley and graduated from Ironwood High School. “Customers can already discover, search and purchase their home all with mobile. Another pain point for them is financing. Now we can tie the financing with the closing and buying process in a simple, fast way all through Opendoor.”

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