Mortgage Loan Originator / Qualified Individual (AZ)

About the role

Opendoor is building a new mortgage lending operation from the ground up. This is not a traditional MLO role. Our mortgage product is built on a technology-first, self-service model designed to handle straightforward transactions digitally. Think TurboTax for mortgages rather than a traditional loan officer desk. Your role is to keep transactions moving forward, guide borrowers when they need a human touch, and ensure we meet regulatory requirements across multiple states.

This is a salaried position with equity, not a commission-based role.

What you'll do

• Serve as the designated Qualified Individual (QI) based at the Opendoor Home Loans main office, covering QI requirements for states including CA, CT, DE, MA, PA, RI, and VT
• Originate loans, take applications, and offer/negotiate loan terms in full compliance with applicable federal and state laws
• Guide borrowers through a technology-driven origination process, providing support and clarity when the self-service platform requires human intervention
• Manage a loan pipeline in a high-volume, technology-enabled origination environment
• Collaborate with engineering, product, compliance, and operations teams to refine and improve the mortgage workflow
• Contribute to other areas of the mortgage operation as the business scales, including compliance support, process improvement, and quality assurance
• Maintain active MLO licensing across required states and fulfill continuing education requirements

What You'll Need

• Active NMLS registration and MLO license(s) in good standing; ability and willingness to obtain additional state MLO licenses quickly
• Minimum 5 years of verifiable mortgage origination or mortgage banking experience, as required for Qualified Individual designation
• State-level licensing (not federal/bank-only licensing); experience at a non-bank lender or independent mortgage company strongly preferred
• Proficiency with conventional (Fannie Mae/Freddie Mac) loan programs and guidelines
• Demonstrated understanding of the MLO role under the SAFE Act, including NMLS licensing, continuing education, and renewal requirements
• Clean credit and employment history; must satisfy character and fitness standards in all states where required
• Comfort with technology-driven workflows and willingness to work in a non-traditional, AI-first mortgage environment
• Strong communication skills and ability to guide borrowers clearly through a digital-first mortgage process

Bonus Points

• Experience at a tech-forward mortgage company or fintech lender
• Background as a loan officer assistant, loan processor, or compliance professional with an active MLO license
• Multi-disciplinary experience beyond pure origination (compliance, marketing, operations)
• Experience working in a startup, high-growth, or early-stage lending environment

The pay range for this role is:

74,880 - 102,960 USD per year (US Zone 3)

Open Services

Tempe, AZ