Soon You Can Pay Your Mortgage with Venmo in California

Paying your mortgage each month may soon get a lot easier. A new payment option could let California homeowners use Venmo, one of the most popular payment apps in the country, to make their mortgage payments. This change is expected to roll out in the next year and could make the entire process faster, simpler, and even more rewarding.

What This New Option Means

For many homeowners, mortgage payments still happen through old online portals or mailed checks. That process can feel outdated. Venmo’s new partnership with Bilt, a company known for its rent and mortgage rewards program, aims to modernize how people pay their loans.

With this change, you might soon be able to log into your Venmo app, link your Bilt account, and send your monthly payment just like you send money to a friend. This feature is designed to remove the hassle of managing mortgage portals and instead let people use an app they already know and trust.

How It Works

The Venmo-Bilt feature will let users pay directly from their Venmo balance or linked bank account. Homeowners who are part of the Bilt Rewards program could also earn points when they make these payments.

Right now, many people already use Venmo to pay rent through Bilt. Expanding that option to mortgages is the next big step. The idea is to make payments more flexible, especially for younger homeowners who rely heavily on mobile apps for financial management.

There may still be some limits. For example, Venmo usually charges a small fee for payments made with a credit card. It is not yet clear whether that fee will apply to mortgage payments. But if payments are made directly from a bank account or Venmo balance, they could stay fee-free.

Splitting Payments Could Become Easier

One interesting part of this change is the option to split payments. Venmo already allows users to divide bills and payments with friends. That same feature could soon apply to mortgage payments.

This can help couples, family members, or roommates who share housing costs. Instead of one person paying the full amount and waiting for reimbursement, each person could contribute their share directly through Venmo.

This small change could make household budgeting easier and more transparent for people living together.

Rewards for Paying Through Venmo

If you pay your mortgage through Bilt and Venmo, you may also earn reward points. Bilt’s rewards program already gives users points for paying rent, and expanding that to mortgages could mean homeowners earn benefits for something they already have to pay every month.

These points can often be redeemed for travel, home items, or other perks. For regular homeowners, this could turn a routine payment into a small financial benefit.

Benefits for California Homeowners

California homeowners may find this update especially useful. Many residents handle several online payments already, from utilities to property taxes. Using Venmo for mortgage payments adds another layer of convenience.

Additionally, Venmo’s secure platform and transaction tracking can make payment management easier. Homeowners can see payment history instantly, set reminders, and confirm transfers—all from one place.

For those juggling busy work schedules or multiple properties, this simplicity can save time each month.

Comparing Venmo and Traditional Mortgage Portals

This comparison shows why many borrowers are excited about Venmo integration. Traditional systems have worked for years but can feel outdated. Venmo brings convenience and social familiarity to something that used to be a chore.

What to Expect Next

The Venmo-Bilt mortgage payment feature is expected to launch in early 2026. Once available, homeowners will need to confirm whether their mortgage servicer supports this option.

Not every lender will participate right away, but as demand grows, more may join the network. Venmo has already transformed how people pay rent, and expanding to mortgages seems like a natural next step.

Until then, homeowners can continue using Bilt’s existing system or traditional bank transfers. But the coming update shows how quickly the mortgage industry is adapting to digital lifestyles.

Final Thoughts

Technology continues to reshape the housing market. From applying for a home loan online to paying with an app, every step is becoming faster and simpler.

The ability to pay a mortgage through Venmo could bring a major shift in how California homeowners handle monthly payments. It blends convenience, security, and potential rewards—all in one familiar app.

At Merchants Home Lending, we believe innovations like this are a positive step toward making homeownership easier and more connected to modern financial tools. Whether you are buying a home, refinancing, or planning your next step, keeping up with new payment technologies can help you stay ahead.

FAQs

1. Can I really pay my mortgage with Venmo?

Not yet. The feature is being developed through a partnership between Venmo and Bilt. It is expected to become available in early 2026.

2. Will every lender in California accept Venmo payments?

Not all lenders will accept it right away. Availability will depend on whether your mortgage servicer partners with Bilt and Venmo.

3. Are there fees for paying a mortgage through Venmo?

Payments from a bank account or Venmo balance are usually free. Using a credit card may include a small processing fee.

4. Can I split a mortgage payment with someone else on Venmo?

Yes. Venmo’s split-payment feature could let co-borrowers or family members share the monthly payment directly.

5. Will I earn rewards for mortgage payments?

If you are part of the Bilt Rewards program, you may earn points for paying your mortgage through Venmo once the feature is active.