Overview
- The companies announced that Roam’s assumption tools and transaction support will be available to shoppers on Opendoor’s national marketplace.
- The initial rollout focuses on eligibility coordination, consumer education, and agent enablement, with deeper integration described as a future possibility.
- Opendoor will identify homes with assumable loans and surface Roam as a pathway for qualified sellers to seek higher sale prices and faster timelines.
- Assumable mortgages let qualified buyers take over sellers’ existing loans, which the firms say can cut monthly payments by as much as half versus new financing.
- Roam reports more than $500 million in home sales facilitated and over $125 million in buyer interest savings, and its founder previously led Opendoor’s mortgage unit with backing from Eric Wu and Keith Rabois.