In partnership with Borrow smarter with up to 0.75% off your rate^*

FAQs

• What is the Betterment + Rate mortgage promotion?

  Betterment has partnered with Rate to offer discounted mortgage pricing to eligible Betterment customers.

  Customers who qualify may receive up to 0.75% off their mortgage interest rate and a closing cost credit of $500 when applying for a mortgage through Rate. The promotion is available only through this partnership and requires applying directly with Rate using the following link:

  • www.rate.com/betterment

  All mortgage applications, approvals, and final loan terms are determined by Rate.

• Who is eligible for this promotion?

  You may be eligible for this promotion if you are a Betterment retail or Betterment Advisor Solutions (BAS) customer with at least $100,000 in assets and cash held at Betterment, and you apply for a mortgage through Rate using the Betterment partnership links.

  How your assets are counted depends on whether you’re applying on your own or with another person. If you’re applying for the mortgage on your own, you’ll need at least $100,000 in assets held at Betterment in your own name. If you’re applying together and both applicants are householded at Betterment, your combined household balance may be used to meet the $100,000 requirement.

  All eligibility is reviewed during the mortgage application process, and final approval is determined by Rate.

• What types of mortgages are eligible for this promotion?

  This promotion is only available for new home purchase mortgages. It can’t be used to refinance an existing mortgage.

  The home must be a primary residence, which means vacation homes and investment properties aren’t eligible.

  To participate, you’ll need to apply for the mortgage through Rate using the Betterment partnership links. Eligibility and final loan terms are confirmed by Rate during the application process.

• How do I apply for the promotion?

  To apply for the promotion, start your mortgage application directly with Rate using this link:

  • www.rate.com/betterment

  Once you begin the application, Rate’s team will guide you through the rest of the process and confirm your eligibility for any available discounts.

• Who should I contact about my mortgage application or its status?

  If you have questions about your mortgage application, loan details, eligibility, or the status of your application, you should contact Rate directly. Rate is the mortgage lender and manages the application and underwriting process.

  You can reach Rate at betterment@rate.com or by phone at 844-207-5388.

  For full details about the promotion, including eligibility requirements and limitations, you can review the Terms and Conditions
• Is this promotion available in all states?

  Yes. Rate offers mortgages in all 50 U.S. states, so Betterment customers across the country can apply for this promotion.

  Keep in mind that mortgage availability and final loan terms can still vary based on your application details and the property you’re buying, which Rate will review during the application process.