BILT Rewards, the loyalty program known for letting renters earn points on their monthly rent, is now shaking up the real estate market. Through a new partnership with eXp Realty, BILT members can now earn 1 BILT Rewards point for every $2 spent on a home purchase. For example, buying a $400,000 home could net you an impressive 200,000 points — redeemable for travel, fitness memberships, and more.

This groundbreaking program is part of the mission of BILT to simplify the transition from renting to owning a home while rewarding members for the biggest purchase in their life – a home.

Earn Big Rewards On Your Home Purchase

Credit. BILT. Earn BILT Rewards Points When Buying A House.

Buying a home is often the largest financial decision of your life, and now it is a rewarding one too. By working with an eXp Realty agent, BILT members can earn hundreds of thousands of points when they close on a home. These points can be redeemed for flights, hotel stays, fitness classes, and even saved toward your next home down payment.

As Ankur Jain, CEO of BILT Rewards, explains:

“Americans receive rewards for everyday purchases, but have never been properly rewarded for the largest purchase they will make in their lifetime. BILT pioneered BILT Points on rent payments to give members something back on their biggest monthly expense. Now, we’re going to reward  them when they buy a home — their largest lifetime purchase. This is part of our broader mission to make the path to homeownership more accessible and rewarding for our members.”

Note: BILT Rewards members will earn points on the purchase price of a home at closing but will not earn additional points on monthly mortgage payments at this time.

How BILT Helps Renters Become Homeowners

BILT is committed to helping renters make the leap to homeownership by addressing some of the biggest hurdles — credit building, affordability, and understanding mortgage options. Here is how they do it:

Boost Your Credit With Rent Payments

Rent payments do not usually help your credit score — but with BILT, they do. BILT reports rent payments to all three major credit bureaus, helping members build the credit history they need to qualify for a mortgage. Renters can also monitor their credit score and progress toward homeownership directly in the BILT app.

A Smarter Way To Search For Homes

Credit. BILT. BILT Now Offers A Smarter Way To Search For Homes.

The new innovative BILT home search tool simplifies the home-buying process. Unlike traditional calculators that focus solely on purchase price, BILT shows personalized, all-in monthly payments that include costs like property taxes and insurance. This feature helps renters easily compare the cost of homeownership to their current rent.

Key features of the tool include:

• Transparent monthly payment estimates based on your financial profile
• Mortgage scenarios across FHA, Fannie Mae, and other loan types
• Down payment flexibility, including the option to apply BILT Rewards points to reduce upfront costs
• City-by-city affordability comparisons to find where your money goes further

Tim Mayopoulos, former CEO of Fannie Mae and BILT Board Member, says:

“The path to homeownership seems distant to American renters, but for many, homeownership is closer than they realize. Most home search tools start with a purchase price and expect buyers to figure out complex mortgage calculations on their own. BILT now makes it surprisingly easy by simplifying the home search to include an all-in monthly mortgage price so consumers can now see how far their monthly rental payment could go toward owning a home. It’s about making homeownership feel achievable and transparent.”

Partnering With eXp Realty For Expert Guidance

To earn points, members must work with an eXp Realty agent, known for offering personalized guidance throughout the buying process. This partnership ensures buyers not only earn rewards but also get access to expert support to make informed decisions.

Final Thoughts

The expansion of BILT into the home purchase market is more than a rewards opportunity — it is a comprehensive program designed to make homeownership more accessible. From building credit to simplifying the search process and earning significant rewards, BILT is creating a win-win for renters looking to become homeowners.

With BILT, the journey from renting to owning has never been easier — or more rewarding.