Opendoor Home Loans is available in six markets across Texas and Arizona and is supposed to provide consumers with a simpler, faster and cheaper lending experience
The tech-focused brokerage increased revenue by 38% but net losses nearly doubled year-over-year, as well
With expansion into Florida, Maryland and Tennessee, the rapidly growing home lending arm is now live in 12 states
The Seattle-based tech brokerage's home loan program is also extending a $1,000 bonus for new borrowers in the state
The lending platform is now available in 8 states
The lending platform for Redfin buyers is now available in six states
The company already operates in Texas, Illinois and the District of Columbia
High-tech brokerage's lending arm launched in January 2017, making its debut in Texas
High-tech brokerage's latest bid to streamline the homebuying process