What are the responsibilities and job description for the Mortgage Loan Originator / Qualified Individual (NV) 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 Nevada to serve as the Qualified Employee on our Nevada Mortgage Banker license. You will be the regulatory face of Opendoor's mortgage business in the state.
This is not a traditional high-volume origination role. Our mortgage product is technology-first and designed to minimize the need for manual loan officer intervention. Volume will be low initially, so we're looking for someone who can contribute in multiple ways beyond origination, whether that's compliance support, process work, or other operational functions. 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 Nevada to serve as the Qualified Employee on our Nevada Mortgage Banker license. You will be the regulatory face of Opendoor's mortgage business in the state.
This is not a traditional high-volume origination role. Our mortgage product is technology-first and designed to minimize the need for manual loan officer intervention. Volume will be low initially, so we're looking for someone who can contribute in multiple ways beyond origination, whether that's compliance support, process work, or other operational functions. This is a salaried position with equity, not commission-based.
What You'll Do
- Serve as the designated Qualified Employee on Opendoor Home Loans Nevada Mortgage Banker license, physically present at the licensed Nevada office location during the majority of normal business hours
- Supervise the conduct of Opendoor Home Loans Nevada mortgage banking business and all mortgage agents associated with or employed by Opendoor Home Loans in the state
- Originate loans, take applications, and offer/negotiate loan terms in compliance with Nevada 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, quality assurance, and process improvement
- Maintain active Nevada MLO license and fulfill all continuing education requirements
- Active Nevada MLO license in good standing (NMLS); must have completed all required NMLS pre-licensure education (20 hours national NV state-specific hours) and passed the NMLS SAFE test
- Must be a Nevada resident and able to be physically present at the licensed Opendoor Home Loans Nevada office location during the majority of normal business hours
- Minimum 5 years of verifiable mortgage industry experience, as required for Qualified Employee designation
- State-level licensing (not federal/bank-only licensing); experience at a non-bank lender preferred
- Knowledge of Nevada's Mortgage Banker licensing requirements (NRS Chapter 645E) and the obligations of the Qualified Employee role
- Clean credit and employment history; must meet NV DML character and fitness standards
- 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