Opendoor Investor Presentation Deck
Well capitalized with $35 billion+ in
home purchasing power
Non-recourse asset-backed
facilities
with $11.3B of capacity
Diversified base of over
30 lenders
with staggered maturities, allowing for ongoing upsizing
Lender recovery
based on collateral, no balance sheet risk to parent
Highly efficient
financing structure
provides ability to finance up to 100% of home acq. price
Funding capacity as of 3/31/2022
$2.8B
of cash + equivalents
$11.3B
of non-recourse asset-
backed debt facilities
$35B+
in home purchase capacity
Note: Facilities are restricted use for the purchase of homes. Purchase capacity assumes an average inventory turn of approximately 3.65x
Facility structure
Senior revolving loans
Senior term loans
Mezzanine loans
Total
Borrowing
capacity
$5.6B
$2.3B
$3.5B
$11.3B
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