Wealthfront Starts Offering Mortgages, Beginning With a Limited Rollout to Clients
Wealthfront, a company best known for its automated investing tools (often called a “robo-advisor”), is now offering home loans. The new mortgage program is being released first to a waitlist of Wealthfront clients.
A mortgage program focused on lower costs
Wealthfront says it plans to apply the same low-cost, software-driven approach it uses for investing to mortgages. The company’s goal is to make the mortgage process more streamlined, with fewer traditional sales calls from loan representatives.
David Fortunato, Wealthfront’s CEO, said the company wants to help clients reach the milestone of buying a home by offering a lower mortgage rate through the automated platform many clients already use for saving and investing.
Limited rollout, with plans to expand
Right now, the mortgage service is only available to a small portion of Wealthfront’s roughly 1.3 million clients. At the moment, eligible Wealthfront clients in Colorado can apply.
Wealthfront says it expects to expand the program to California, Texas, and other states in early 2026. The company also noted that many people signing up for the waitlist are located in San Francisco, Denver, Los Angeles, and Austin.
Designed for people who prefer a digital experience
Wealthfront is aiming this mortgage offering at people who are comfortable handling financial tasks online. The company highlights features like automated efficiency, transparent pricing, and self-service tools. However, borrowers can still get access to a loan officer if they want help.
Fortunato also said mortgage rates are an important factor for home buyers and can affect finances for years. He added that Wealthfront is designed to lower mortgage costs without requiring borrowers to buy discount points or meet a minimum level of financial assets.
A “Home Planning Guide” for future buyers
Along with the mortgage program, Wealthfront provides a Home Planning Guide meant to help people think through when and how to buy a home. It lays out three timelines:
- Planning ahead: 5+ years away
- Thinking it through: less than 5 years away
- Ready to go: buying this year
The guide covers topics like the pros and cons of buying a home, how to prepare your finances, and how to balance homeownership with other goals. It also answers common questions such as:
- When is the best time to buy a home?
- What are the total costs of owning a home?
- What do you need to qualify for a mortgage?
- How much should you put down?
How to join the waitlist
To join the mortgage waitlist, you must already be a Wealthfront client. When you create an account, Wealthfront shows different product options.
A Wealthfront cash account has a $1 minimum balance, and investment accounts have a $500 minimum balance.
After joining the waitlist, Wealthfront says it will send updates as the mortgage program expands and will notify you by email when you’re able to apply. Some current clients may receive an invitation to apply directly through the Wealthfront app.
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