New York-based Roam, a platform for purchasing a home with an assumable low-rate mortgage included, announced on Wednesday that it has secured $11.5 million in Series A funding led by Keith Rabois of Khosla Ventures, who is a co-founder of Opendoor.

The announcement from Roam confirmed that Founders Fund also participated in the funding round, and that Rabois and fellow Opendoor co-founder Eric Wu are joining Roam’s board.

The funding will aid Roam’s expansion to 70% of the U.S. This company aims to allow homebuyers to get an interest rate below 5%, reducing their monthly payments and “giving them details ⇒

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