Wealthfront Launches A Mortgage Program
Wealthfront also says it plans to reduce the usual back-and-forth by streamlining the application and limiting sales calls from loan representatives.
A waitlist and limited rollout
Wealthfront’s CEO, David Fortunato, said the company wants to apply the same low-cost approach it uses for investing to mortgages, including loans for buying a home and refinancing.
For now, the mortgage service is only available to a small group of Wealthfront’s roughly 1.3 million clients.
At launch, eligible Wealthfront customers in Colorado can apply. The company plans to expand to California, Texas, and other states in early 2026. Wealthfront said many sign-ups so far have come from customers in San Francisco, Denver, Los Angeles, and Austin.
A mortgage option for people who prefer digital tools
Wealthfront is targeting home buyers and homeowners who want a mostly digital experience, clear pricing, and a self-service process. The company says customers can still access a loan officer if they need help.
Fortunato said mortgage rates play a major role in the total cost of homeownership over time. Wealthfront says it is trying to lower mortgage costs without requiring borrowers to pay discount points or meet minimum asset requirements.
A “Home Planning Guide” for future buyers
Along with the loan program, Wealthfront offers a Home Planning Guide designed to help people think through the home-buying timeline. It includes three tracks:
- Planning ahead (more than 5 years away)
- Thinking it through (less than 5 years away)
- Ready to go (this year)
The guide covers basic topics like the pros and cons of buying a home, steps to prepare your finances, and how buying a home fits 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 does it take to qualify for a mortgage?
- How large should your down payment be?
How to join the waitlist
To join the waitlist, you must already be a Wealthfront customer. New users can create an account and choose from Wealthfront products.
A Wealthfront cash account has a $1 minimum balance, and investment accounts have a $500 minimum balance.
People on the waitlist will get updates as the program expands, and Wealthfront will email them when they can apply. Some existing customers may be invited to apply directly through the Wealthfront app.
-
Need help with your down payment? Find resources and assistance here!