{"id":23182,"date":"2025-11-22T20:53:49","date_gmt":"2025-11-22T20:53:49","guid":{"rendered":"https:\/\/finderica.com\/?p=23182"},"modified":"2025-11-22T20:53:49","modified_gmt":"2025-11-22T20:53:49","slug":"fairway-home-mortgage-launches-credit-card-that-rewards-you-for-making-on-time-mortgage-payments","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=23182","title":{"rendered":"Fairway Home Mortgage Launches Credit Card That Rewards You for Making On-Time Mortgage Payments"},"content":{"rendered":"<div wp_automatic_readability=\"164.42242595205\">\n<p>Things are getting more interesting in the mortgage world, at least when it comes to earning rewards.<\/p>\n<p>One of the nation\u2019s largest mortgage lenders, Fairway Home Mortgage, has launched a credit card.<\/p>\n<p>Known as the \u201cMade for Home Card,\u201d it rewards cardholders for simply making their mortgage payment on time each month.<\/p>\n<p>In addition, you can earn bonus points in a variety of home-centric categories that can eventually be redeemed for mortgage-related costs.<\/p>\n<p>The new card will initially be marketed through select Fairway Home Mortgage loan officers, and will get a nationwide launch in January 2026.<\/p>\n<h2>Made for Home Card Highlights<\/h2>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-41977\" src=\"https:\/\/www.thetruthaboutmortgage.com\/wp-content\/uploads\/2025\/11\/MadeforHomecard.png\" alt=\"Made for Home card\" width=\"550\" height=\"539\" srcset=\"https:\/\/www.thetruthaboutmortgage.com\/wp-content\/uploads\/2025\/11\/MadeforHomecard.png 550w, https:\/\/www.thetruthaboutmortgage.com\/wp-content\/uploads\/2025\/11\/MadeforHomecard-300x294.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\"><\/p>\n<ul>\n<li>Earn 1X points for simply paying your mortgage each month<\/li>\n<li>3X points on gas, EV charging, groceries and utilities<\/li>\n<li>2X points on home improvement, furniture, and home maintenance<\/li>\n<li>1X point on all other purchases throughout the month<\/li>\n<li>Points can be redeemed toward closing costs or mortgage rate buydowns<\/li>\n<li>No annual fee<\/li>\n<\/ul>\n<h2>How You Earn Points for Paying the Mortgage Each Month<\/h2>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-41978\" src=\"https:\/\/www.thetruthaboutmortgage.com\/wp-content\/uploads\/2025\/11\/linkmortgagePlaid.png\" alt=\"link mortgage Plaid\" width=\"550\" height=\"435\" srcset=\"https:\/\/www.thetruthaboutmortgage.com\/wp-content\/uploads\/2025\/11\/linkmortgagePlaid.png 550w, https:\/\/www.thetruthaboutmortgage.com\/wp-content\/uploads\/2025\/11\/linkmortgagePlaid-300x237.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\"><\/p>\n<p>While it might sound like you can use the credit card to make your mortgage payment, that\u2019s not how it works.<\/p>\n<p>Instead, you pay your mortgage the same way you always did, but earn one point per dollar of the payment each month.<\/p>\n<p>Once you get approved for the card, you need to connect the bank account you use to pay your mortgage to the Fairway\/Made Card app via Plaid.<\/p>\n<p>Plaid is a tech company that allows you to connect bank accounts and other financials to specific apps.<\/p>\n<p>Connecting the accounts allows them to track your payments and reward you in the process.<\/p>\n<p>Apparently it\u2019s just a few clicks, and once connected, you\u2019ll automatically earn bonus points on your mortgage payments going forward.<\/p>\n<p>This is similar to other programs that have been announced, including Mesa Mortgage an Bilt Card 2.0.<\/p>\n<p>Both will let you earn points for on-time mortgage payments, but you must still pay with a bank account or other acceptable form of payment.<\/p>\n<h2>How Many Points Can You Earn for Paying the Mortgage?<\/h2>\n<p>Now let\u2019s see if this is worth it. After all, there are plenty of other credit cards out there vying for your spend each month.<\/p>\n<p>This new Made for Home Card earns 1X on mortgage payments, which seems to be the industry-standard now that we\u2019ve got a few players in the nascent space.<\/p>\n<p>The cool thing is it includes the full principal, interest, taxes, and insurance (PITI), and even HOA dues, yet another argument to go with impounds on your mortgage.<\/p>\n<p>For example, if your monthly housing payment is $2,500 per month, you\u2019ll get 2,500 points each month.<\/p>\n<p>Over a 12-month period, that\u2019s 60,000 points, which is a decent haul to earn on a recurring basis.<\/p>\n<p>And since you typically don\u2019t earn anything making mortgage payments from a bank account, there\u2019s no real opportunity cost.<\/p>\n<p>However, other options like Mesa and Bilt require you to make other non-mortgage transactions during the month to earn the points on the mortgage.<\/p>\n<p>Not sure if that\u2019ll be the case here, but time will tell. I couldn\u2019t find anything in the fine print.<\/p>\n<p>Fortunately, on top of the points you can earn for mortgage, the card earns 3X points on gas, EV charging, groceries, and utilities.<\/p>\n<p>And 2X points on home improvement, furniture, and maintenance, and 1X point on all other purchases.<\/p>\n<p>So there\u2019s a lot of opportunity to earn a lot of points beyond just the mortgage.<\/p>\n<p>The biggie though, at least for me, is how you can redeem. Points are only as good as what they can be used for.<\/p>\n<p>In terms of redemptions, you can use your points towards your next Fairway Home Mortgage loan.<\/p>\n<p>That includes options to lower your closing costs and\/or buy down your rate via mortgage discount points.<\/p>\n<p>Or you can redeem for standard stuff like statement credits, gift cards, etc.<\/p>\n<p>Personally, I would want travel partner redemptions, such as airlines and hotels, since those are always the most lucrative.<\/p>\n<h2>Why Is Fairway Home Mortgage Offering a Credit Card Anyway?<\/h2>\n<p>As for why Fairway Home Mortgage decided to launch a co-branded credit card, it\u2019s all about customer retention.<\/p>\n<p>Mortgage lenders have wised up in the past couple years, realizing to stay relevant they need to reach a little further into the customer\u2019s world.<\/p>\n<p>This is why UWM has invested in Bilt, and why Rocket acquired Redfin. It\u2019s not enough to just be a mortgage company anymore.<\/p>\n<p>You don\u2019t want the homeowner to use you once and forget about you. This new credit card gives the customer a call to action to use Fairway again for a subsequent home purchase or mortgage refinance.<\/p>\n<p>After all, if they can redeem points to reduce closing costs or get a lower mortgage rate, they might be more apt to use Fairway over other options.<\/p>\n<p>But if you\u2019re the customer, make sure it\u2019s actually in your best interest to do so.<\/p>\n<p>Discounts and perks are nice, but you\u2019ve got to do the math and compare alternatives (after factoring in the rewards points) to ensure you don\u2019t miss out on something better.<\/p>\n<div class=\"abh_box abh_box_down abh_box_fancy\">\n<div class=\"abh_tab_content\">\n<section class=\"vcard author abh_about_tab abh_tab\" itemscope=\"\" itemprop=\"author\" itemtype=\"https:\/\/schema.org\/Person\" style=\"display:block\" wp_automatic_readability=\"2.8668639053254\">\n<div class=\"abh_image\" itemscope=\"\" itemtype=\"https:\/\/schema.org\/ImageObject\"> <img decoding=\"async\" style=\"max-width: 100%; height: auto;\" src=\"https:\/\/www.thetruthaboutmortgage.com\/wp-content\/uploads\/gravatar\/headshot1.png\" class=\"photo\" width=\"250\" alt=\"Colin Robertson\"><\/div>\n<div class=\"abh_text\" wp_automatic_readability=\"34.402366863905\">\n<p>Before creating this site, I worked as an account executive for a wholesale mortgage lender in Los Angeles. My hands-on experience in the early 2000s inspired me to begin writing about mortgages 19 years ago to help prospective (and existing) home buyers better navigate the home loan process. Follow me on X for hot takes.<\/p>\n<\/div>\n<\/section>\n<section class=\"abh_posts_tab abh_tab\">\n<div class=\"abh_image\"><img decoding=\"async\" style=\"max-width: 100%; height: auto;\" src=\"https:\/\/www.thetruthaboutmortgage.com\/wp-content\/uploads\/gravatar\/headshot1.png\" class=\"photo\" width=\"250\" alt=\"Colin Robertson\"><\/div>\n<div class=\"abh_text\" wp_automatic_readability=\"8.8441176470588\">\n<div class=\"abh_name\" wp_automatic_readability=\"5.8048780487805\">Latest posts by Colin Robertson <span class=\"abh_allposts\">(see all)<\/span><\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<p> <iframe id=\"bbm_widget\" src=\"https:\/\/widgets.icanbuy.com\/c\/standard\/us\/en\/mortgage\/tables\/Mortgage.aspx?siteid=6b6796d2cb72bbab&amp;include_text_results=1&amp;loan_product=PERIOD_FIXED_30YEARS&amp;result_count=10&amp;loan_type=REFI&amp;redirect_no_results=1\" width=\"100%\" scrolling=\"no\" frameborder=\"0\"><\/iframe>  <\/p>\n<\/div>\n<p><a href=\"https:\/\/www.thetruthaboutmortgage.com\/fairway-home-mortgage-launches-credit-card-that-rewards-you-for-making-on-time-mortgage-payments\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Things are getting more interesting in the mortgage world, at least when it comes to earning rewards. One of the nation\u2019s largest mortgage lenders, Fairway Home Mortgage, has launched a credit card. Known as the \u201cMade for Home Card,\u201d it rewards cardholders for simply making their mortgage payment on time each month. In addition, you<\/p>\n","protected":false},"author":1,"featured_media":23183,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[216],"tags":[369,238,8959,26,1081,457,417,6630,474,1587],"class_list":{"0":"post-23182","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mortgage","8":"tag-card","9":"tag-credit","10":"tag-fairway","11":"tag-home","12":"tag-launches","13":"tag-making","14":"tag-mortgage","15":"tag-ontime","16":"tag-payments","17":"tag-rewards"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/23182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23182"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/23182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/23183"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}