What are the responsibilities and job description for the Mortgage Loan Originator (MO) position at Opendoor?
About Opendoor
At Opendoor our mission is to tilt the world in favor of homeowners and those who aim to become one. Homeownership matters. It's how people build wealth, stability, and community. It's how families put down roots, how neighborhoods strengthen, how the future gets built. We're building the modern system of homeownership giving people the freedom to buy and sell on their own terms. We’ve built an end-to-end online experience that has already helped thousands of people and we’re just getting started.
About The Role
Opendoor is building a new mortgage lending operation and needs a licensed Mortgage Loan Originator based in Missouri to staff our in-state licensed location. Missouri requires an in-state presence for our mortgage operations, and you will help Opendoor meet that regulatory requirement.
This is not a traditional high-volume origination role. Our mortgage product is technology-first and self-service by design. Volume will be low initially, so we're looking for someone who can wear multiple hats and contribute beyond loan origination. This is a salaried position with equity, not commission-based.
What You'll Do
At Opendoor our mission is to tilt the world in favor of homeowners and those who aim to become one. Homeownership matters. It's how people build wealth, stability, and community. It's how families put down roots, how neighborhoods strengthen, how the future gets built. We're building the modern system of homeownership giving people the freedom to buy and sell on their own terms. We’ve built an end-to-end online experience that has already helped thousands of people and we’re just getting started.
About The Role
Opendoor is building a new mortgage lending operation and needs a licensed Mortgage Loan Originator based in Missouri to staff our in-state licensed location. Missouri requires an in-state presence for our mortgage operations, and you will help Opendoor meet that regulatory requirement.
This is not a traditional high-volume origination role. Our mortgage product is technology-first and self-service by design. Volume will be low initially, so we're looking for someone who can wear multiple hats and contribute beyond loan origination. This is a salaried position with equity, not commission-based.
What You'll Do
- Staff Opendoor Home Loans in-state Missouri licensed location as a licensed Mortgage Loan Originator
- Originate loans, take applications, and offer/negotiate loan terms in full compliance with Missouri and federal law
- Guide borrowers through a technology-driven mortgage process when human support is needed
- Contribute to broader mortgage operations beyond origination, including compliance support, process improvement, and quality assurance
- Manage an active loan pipeline in a technology-enabled, remote-friendly origination environment
- Maintain active Missouri MLO license and fulfill all continuing education requirements
- Active Missouri MLO license in good standing (NMLS); must have completed all required NMLS pre-licensure education (20 hours national MO state-specific hours) and passed the NMLS SAFE Mortgage Loan Originator Test
- Must be based in Missouri to staff Opendoor Home Loans in-state licensed location
- Minimum 2 years of residential mortgage origination experience preferred;
- State-level licensing (not federal/bank-only licensing); experience at a non-bank lender preferred
- Clean credit and employment history; must satisfy NMLS character and fitness requirements and any state-specific background check requirements
- Comfort with technology and willingness to work in a non-traditional, AI-first mortgage environment
- Experience at a tech-forward mortgage company or fintech lender
- Multi-disciplinary background (compliance, marketing, operations) in addition to origination
- Background as a loan officer assistant, loan processor, or compliance professional with an active MLO license
- Experience working in a startup or early-stage lending environment