Opendoor Labs Inc.

Simon Burns

Wenyang Dong

Charles Clayton Allsopp

Jonathan E Chu

Mamta Bhandari

Systems and methods are disclosed for receiving, from a client device, a first input that provides a current address associated with a user; receiving, from the client device, a second user input that identifies a target location; and searching a real-estate database to identify a real-estate property associated with the current address. The systems and methods further provide for estimating equity associated with the real-estate property, updating parameters of a loan model based on the target location and the estimated equity, and providing an output of the model for presentation to the user based on the updated parameters.

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San Francisco, CA, United States of America

Simon Burns