Bilt’s $250M Raise Signals Big Mortgage Push Backed by UWM – NMP
Bilt Rewards just closed a $250 million funding round, pushing its valuation to $10.75 billion. $100 million of this round came from United Wholesale Mortgage (UWM), and the two companies are joining forces to bring mortgage rewards to market via mortgage brokers. Bilt, which started by letting renters earn points on rent payments without transaction