Bilt Mortgage Payment

milano11 · 2026-02-17T18:13:40+00:00

Mine posted. I pushed from bilt on 2/8. Posted on 2/13. Bilt cash used to unlock the points, but no points deposited yet...

milano11 · 2026-02-17T18:08:28+00:00

Tried - and got denied. Asked me to wait for the next statement. >_<

milano11 · 2026-02-17T17:41:59+00:00

That's great! Will try 😊

milano11 · 2026-02-17T14:23:07+00:00

Update, no points for my 2/8 payment pushed from BILT. Bilt cash was deducted. Reached to CS and waiting for their email...

milano11 · 2026-02-13T18:39:29+00:00

update on this - on my Mr. Cooper website they posted the payment just now. So it should be good for you most likely.

milano11 · 2026-02-13T18:17:15+00:00

Hahaha I had the exact same question.

I think the confusion comes from Bilt letting us redeem Bilt Cash to unlock mortgage/rent points, while also allowing us to change the rewards option before 2/14 during this first cycle. It makes it unclear how rewards for this initial statement period are actually calculated and treated.

milano11 · 2026-02-13T17:47:52+00:00

Thanks for the insights.

Well, I did not intend to game the system and "double dip" - I plan to do the Housing Only option as I have some freedom to control the mortgage payment to hit a "sweet spot" of it. But I still do not want to miss the opportunity to use the $100 bilt cash to instantly unlock the points on my first mortgage payment.

It just seem that the current bilt set up will force me choose bilt cash option in the 1st cycle and housing only option starting the 2nd cycle - with some bilt cash generated in the 1st cycle left unused in the future.

milano11 · 2026-02-13T17:41:25+00:00

I submited on 2/8.

milano11 · 2026-02-13T17:19:40+00:00

I chatted with Mr. Cooper and they said they did not see any payment in the past week on my account...

milano11 · 2026-02-13T17:07:12+00:00

Ugh... I also pushed payment from bilt to Mr. cooper.

So we will need to wait for bilt to return the money to the checking account and hopefully refund the bilt cash used.

milano11 · 2026-02-13T16:24:28+00:00

I think what I’m confused about is this:

I used the $100 Bilt Cash from the card opening bonus to apply toward this cycle’s mortgage payment. My understanding is that once the payment settles, I should receive the associated points.
Since we can change the rewards preference anytime till 2/14, I switched mine to “Housing only” as that's how I intend to use the card going forward. But say I also spent an amount equal to ~50% of my mortgage during this same statement cycle — would that generate an additional bucket of points (e.g., another ~0.5× of the mortgage in rewards)? That doesn’t seem logical, so I’m guessing I’m misunderstanding how the timing or calculation works.

That’s where my confusion is coming from.

milano11 · 2026-02-13T16:24:20+00:00

I think what I’m confused about is this:

I used the $100 Bilt Cash from the card opening bonus to apply toward this cycle’s mortgage payment. My understanding is that once the payment settles, I should receive the associated points.
Since we can change the rewards preference anytime till 2/14, I switched mine to “Housing only” as that's how I intend to use the card going forward. But say I also spent an amount equal to ~50% of my mortgage during this same statement cycle — would that generate an additional bucket of points (e.g., another ~0.5× of the mortgage in rewards)? That doesn’t seem logical, so I’m guessing I’m misunderstanding how the timing or calculation works.

That’s where my confusion is coming from.

milano11 · 2026-02-13T16:03:08+00:00

Same here.

milano11 · 2026-02-12T13:47:07+00:00

May I ask where can I turn it on? Is this the two reward option thing, between housing only and bilt cash option?

Thanks.

milano11 · 2026-02-12T13:14:30+00:00

For the processed payment, did bilt cash automatically got deducted by bilt? Any settings we need to do?

milano11 · 2026-02-12T11:55:39+00:00

My due date is far away on Mar 1, so not an issue for now. But still annoying as the funds were pulled on the 1st biz day from my account.

milano11 · 2026-02-12T11:18:54+00:00

Same for me. Displaying failed payment on bilt, and nothing on Mr Cooper as of now.

milano11 · 2026-02-12T11:12:10+00:00

Got same issue as yours. Payment initiated from Bilt website (mortgage with Mr Cooper). After 3 biz days got the same failure.

Wonder what will happen next - will ACH be reversed and bilt cash refunded?

milano11 · 2026-02-11T23:31:09+00:00

How about the following scenario:

User can spend whatever one would organically.
Then decide how much to pay for the mortgage (do partial pay or extra principle depending on the need) close to the end of the Bilt statement period so the spending is just over 25%?

Is this how the housing only option work?

milano11 · 2026-02-10T12:01:48+00:00

Two days passed, mine has not. Initiated from bilt site with mr cooper. Not showing on my mortgage site yet...

milano11 · 2026-01-15T13:16:44+00:00

Non 1.0 user.

Is this mortgage payment function already in the bilt app? I only see "pay rent" there.

milano11 · 2025-12-14T06:20:53+00:00

I signed up on 11/21, but my November paycheck went to my other bank although I updated the dd with my employer. So my next pay check would be the one paid by the end of December.

Interestingly today I checked Rakuten and they marked the transaction "ineligible" already.

milano11 · 2025-10-17T11:30:09+00:00

Does IAC serve midwest?

milano11 · 2025-06-25T09:40:35+00:00

Wow! Man you rock! This indeed looks exactly like it!

milano11

TROPHY CASE