"Consumers expect rewards from airlines, rideshares and grocery stores, but their biggest monthly expense has never offered anything back. That changes now."
"By offering rewards tied to mortgage payments, brokers can present an additional value proposition beyond pricing or speed."
"Through the Bilt platform, borrowers can manage their mortgage and make payments in one place. Rewards points earned through on-time payments can be redeemed for purchases such as dining, groceries and travel."
Built-In Rewards will change consumer perceptions of mortgages by offering rewards for on-time payments. This program allows brokers to stand out in a competitive market focused on interest rates. Borrowers will see broker information on their payment dashboard, maintaining visibility post-closing. Through the Bilt platform, borrowers can manage payments and earn rewards points redeemable for various purchases or future mortgage payments. The program is exclusive to UWM partner brokers and runs alongside other incentives like pricing benefits and appraisal credits.
Read at www.housingwire.com
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