"The Made Essential Visa Signature Preferred Card carries no annual fee and provides rewards not only on mortgage payments but also on home-related spending such as improvements, maintenance, furnishings, gas and groceries. Perks include twice-per-year preventative maintenance visits from certified HVAC technicians, as well as price-match and purchase protections. Homeowners can redeem points toward future Fairway home purchases or refinances."
"By offering rewards tied to on-time mortgage payments and home expenses, we will provide our customers with the benefit of reducing costs on future refinance or purchase mortgages, Mike Blake, president of capital markets at Fairway Home Mortgage, said a statement. The card is issued by Lead Bank under a Visa license. Points can also be redeemed for traditional rewards such as cash back and gift cards."
"Other mortgage lenders are also using rewards programs to extend customer relationships and drive future loan volume. In October, United Wholesale Mortgage (UWM) announced it would offer rewards on mortgage payments through a partnership with Bilt, following UWM's $100 million investment in the loyalty platform in July. Separately, PayPal Holdings Inc. and Bilt Rewards plan to roll out a feature early next year, allowing customers to use PayPal's Venmo to make rent and mortgage payments."
The Made Essential Visa Signature Preferred Card carries no annual fee and awards points for mortgage payments and a broad set of home-related spending including improvements, maintenance, furnishings, gas and groceries. Perks include twice-yearly preventative HVAC maintenance visits, price-match and purchase protections. Points are redeemable toward Fairway home purchases or refinances, cash back and gift cards. The card is issued by Lead Bank under a Visa license. Made raised more than $8 million in an oversubscribed seed round co-led by Jump Capital and Village Global and is backed by credit card and mortgage executives. Other lenders and partners such as UWM, Bilt and PayPal are adding mortgage and rent payment rewards.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]