# Wealthfront Modernized Investing. Your Mortgage is Next.

[David Fortunato](/content/blog/author/david/ "Posts by David Fortunato"/index.html) • April 06, 2026

This post is accurate as of the above date. We update information in certain posts on an ongoing basis.

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Certain posts contain information that we update on an ongoing basis without changing the publication date. This information includes, but is not limited to, the APY and FDIC insurance offered through our program banks in our Cash Account, yield and return figures in our Automated Bond Portfolio, and other editorial notes. If and when we make wholesale material updates to a post, we will update its publication date.

_Note: As of May 6, 2026, Wealthfront Home Lending is now available in Texas and Colorado. This post has been updated to reflect this._

Homeownership has long been a cornerstone of wealth and stability. But for younger generations today, the path to buying a home keeps getting steeper.

Higher interest rates, rising home prices, and a construction shortage are squeezing buyers, and lender practices just make it worse: Bloated sales teams, manual processes, and old technology make getting or refinancing a mortgage needlessly painful and costly. All that inefficiency creates overhead that borrowers ultimately pay for through higher rates and [billions in excess fees](https://news.ufl.edu/2025/11/mortgage-fees/#:~:text=A%20new%20study%20reveals%20that,than%20%2413%20billion%20a%20year.), pushing homeownership even further out of reach.

**We built Wealthfront Home Lending to improve access to homeownership.** Just like we used software to modernize investing and cash management so clients can pay less in fees and earn more on their money, we’re now bringing the same approach to mortgages. By building a fully digital product, removing unnecessary steps, and automating away overhead, we aim to consistently offer rates 0.50% or more below the national average while providing a better client experience.

Clients have long requested the “Wealthfront version” of a mortgage, and many already use Wealthfront to save for a home. Our clients collectively own $116 billion in real estate, and in 2025 alone, we sent $2.3 billion in down payment wires. Now, the mortgage process itself happens on the same platform. We’re excited to support digital natives through this major life milestone and help them bring more of their finances together on one trusted platform.

## Here’s what you can expect from Wealthfront Home Lending

### Thousands of dollars in savings

Affordability is the biggest hurdle in today’s market. Mortgage rates not only impact a buyer’s entry into the market but also their long-term financial health over the life of the loan. We believe mortgage rates should be lower, and with the right technology, they can be.

By automating the high-overhead manual work of traditional firms, Wealthfront Home Lending aims to consistently offer rates 0.50% or more below the national average. For the average new purchaser, that translates to roughly $70,000 in savings over the life of their loan (as of March 31, 2026), leaving more money to invest toward other long-term goals.

### Honest pricing, zero surprises

A low rate only matters if it’s the one you actually get. The industry is notorious for “bait-and-switch” rates, but clients will always find clear, easy-to-understand rates in our product. Our [rate calculator](/content/home-lending/mortgage-rates/index.html) gives prospective homebuyers and refinancers a personalized and straightforward estimate in seconds so they can move forward with confidence.

We also charge a one-time, transparent $999 underwriting fee. Lenders have traditionally buried this fee inside a percentage of the total loan amount—0.5% to 1%, which means $2,500 to $5,000 on a $500,000 loan. Ours is flat, upfront, and easy to plan around.

### A mortgage experience for digital natives

We’re building the first mortgage product designed to be handled entirely from your phone. Clients can navigate our self-serve application process at their own pace and track their loan process in real time. At the same time, we’ve built a deeply experienced team of loan officers and licensed industry experts who are available by phone and email. And because we have clients’ linked account and income verification data, we expect to dramatically cut down on manually compiling documents.

Beyond just creating a streamlined and intuitive process, we envision creating more value for clients over time through additional automation and innovation. For instance, we’re already building a fast-tracked pre-approval process and personalized in-app decision support to help clients choose the right mortgage, evaluate points, and more. Additionally, we’re working towards a “one-click” refinancing experience for clients with linked mortgages that would make it much easier to lock in a lower rate with very little effort.

## The journey ahead for Wealthfront Home Lending

Since our founding, Wealthfront has used technology to improve financial outcomes and deliver more value to our clients. We started in the investing space, and we have since saved clients an estimated $1.5 billion in advisory fees (compared to the 1% traditional advisors typically charge). In that time, we also estimate our Tax-Loss Harvesting has saved investing clients $1.3 billion in taxes. Next, we expanded into cash management: We built a Cash Account that has paid out more than $4.7 billion in interest from program banks in the years since. Now we’re tackling the biggest purchase most of our clients will ever make.

Wealthfront is already profitable, so we don’t need to chase mortgage quotas to stay in business. That frees us up to focus on building the best possible product with competitive rates. It also means clients can trust us to give them guidance that’s right for them, not just for us.

It’s early in our journey to achieve what we envision for Wealthfront Home Lending. While we are already licensed in 26 states, we are rolling out access thoughtfully to ensure the best client experience possible. Currently, our mortgage offering is fully available in Colorado and Texas, and we plan to expand access in California and other states soon. [Check out our website to learn more and see our rates.](/content/home-lending/index.html)