MilesBuzz! - New Home Purchase Loan Mortgage Promotions

I did a search for existing threads, but couldn't find a previous thread. Lemme know if you find a previous thread I can consolidate the info with.

I am looking to buy new home and started looking at various rewards programs that offered points for referrals to mortgage companies. I have a few listed below, please feel free to add to the list and offer opinions on which may be best. I understand there are a few roundabout ways to try to pay your mortgage with your credit card, but this is strictly for initiating a loan.

Hilton Honors
Chase, CitiMortgage, Wachovia, Washington Mutual Home Loans (link (http://hhonors1.hilton.com/en_US/hh/points/mortgages.do))
Finance Your Home Earn 3,250 points for each $10,000
Sell A Home Earn 6,500 points for each $10,000
Buy A Home Earn 6,500 points for each $10,000
Moving Van Line Services Earn 2,500 points for each $1,000
Refinance A Home Earn 3,250 points for each $10,000
Home Equity Loan Earn 3,250 points for each $10,000

Priority Club
Lending Tree (link (http://www.ichotelsgroup.com/h/d/pc/1/en/c/2/content/dec/pc/0/en/partners/us/lt.html))
Find a REALTOR®: 5,000 points for every $10,000 of home purchase or selling price
Mortgage: 2,250 points for every $10,000 financed
Refinance: 2,250 points for every $10,000 financed
Home Equity: 2,250 points for every $10,000 financed
Auto Finance: 1,750 points for every $10,000 financed
Chase (link (http://www.ichotelsgroup.com/h/d/pc/1/en/c/2/content/dec/pc/0/en/partners/us/chase.html))
Home Equity Loan or Line of Credit - 5,000 points for every $10,000 borrowed, up to a maximum of 30,000 points

Marriott Rewards
Chase
3,000 miles for each $10,000 of your loan with Chase (http://www.chase.com/ccp/index.jsp?pg_name=ccpmapp/chf/mortgage/page/marriott) (Mortgage)
5,000 points for each $10,000 borrowed at closing (http://www.chase.com/ccp/index.jsp?pg_name=ccpmapp/home_equity/special_offers/page/Marriott) (Home Equity Loan)

Starwood
None found

United Mileage Plus
Chase (link (http://www.united.com/page/article/0,6722,3623,00.html))
Chase Home Equity Loans - Earn 3,500 miles for every $10,000 borrowed
Chase Education Finance - 1 mile per $1 loaned up to 40k/yr
Chase Mortgages - 1,300 Mileage Plus miles for every $10,000 borrowed
E-LOAN (link (http://www.united.com/page/article/0,,3131,00.html))
Auto Purchase Loan 3,500 miles*
Auto Refinance Loan 3,500 miles*
Home Equity Loan 1,250 miles per $10,000 borrowed*
Home Mortgage 1,250 miles per $10,000 borrowed*
Home Refinance 1,250 miles per $10,000 borrowed.*
* Miles rewarded only to loans funded by E-LOAN.
United Mileage Plus number and promo code UMPCAR must be submitted to E-LOAN prior to funding to receive miles
Easy Miles (link (http://www.united.com/page/article/0,6722,3623,00.html))
Buying or Selling a Home
Earn 20% of your purchase price and 20% of your sales price in award miles on each transaction.
Financing or refinancing
Earn 10% of your 1st mortgage loan amount in award miles.
Moving Services
Earn one award mile for every dollar you spend on your next move.
Lending Tree (link (http://www.united.com/page/article/0,6722,3623,00.html))
Finance a Home Loan - Earn 1,250 miles for every $10,000
Buy or Sell a Home - Earn 3,000 miles for every $10,000 of your home price

Northwest Airlines World Perks
iNest (link (http://www.nwa.com/worldperks/earn/partnercenter/mortgage/))
Realtor - Earn 5,000 miles for every $10,000 of your new home’s purchase price!
Lending Tree (link (http://www.lendingtree.com/nwa/))
Find a Loan - Earn 1,250 miles per $10,000 financed
Find a REALTOR® - Earn 3,000 miles per $10,000 of home purchase or sale price

These are the programs that I participate in. For me, I think perhaps the Priority Club or UA are the ones I might go through. Although Hilton offers more points, I think I can get better value through PC with their point breaks. Marriott only offers Chase (not a problem if you were going to use Chase anyway). Feel free to add additional offers you may find.

reserved

Add Continental http://www.continental.com/web/en-US/content/onepass/earn/financial/default.aspx

and Delta https://www.delta.com/skymiles/ways_to_get_miles/earning_miles_partners/real_estate_financial_partners/index.jsp

to the list.

Super idea!

Thanks to OP for the promotions summary.

IMHO, now is not the time to be looking at miles in the real estate market (much as I love to get miles).

Generally the miles offers are not the best available in terms of cash benefit on the transaction. For example, I would much rather pay 4% commission to a real estate agent than 6% with some miles. The difference is many thousand of dollars.

Back when the market was different I got thousands of miles on loans. Right now, if I were in the market, I would look for very best deal in dollars and ignore the miles. Kinda sad for us miles lovers. :(

True, you need to look for deals and miles.

I believe both can be found and what a great negotiating tool for RE agents.

We opened a line of credit with Citi Bank, we also have a credit card, home mortgage, checking and savings account (no balance required). They will give you thank you points for all of these accounts every month. In addition to the above mentioned the line of credit earns "thank you" points monthly based on the amount you qualify for and you don't ever have you use it.

(catch: must keep open for three years or repay closing cost expenses)

If you can get points/miles for things you are already purchasing, why not?

I have a large number of these programs and their special offers listed on the Finance page of my website below, in the Home Buying section.

Thanks to OP for the promotions summary.

IMHO, now is not the time to be looking at miles in the real estate market (much as I love to get miles).

Generally the miles offers are not the best available in terms of cash benefit on the transaction. For example, I would much rather pay 4% commission to a real estate agent than 6% with some miles. The difference is many thousand of dollars.

Back when the market was different I got thousands of miles on loans. Right now, if I were in the market, I would look for very best deal in dollars and ignore the miles. Kinda sad for us miles lovers. :(

I'm probably going to buy a house in the next few months and I already considered using eLoan to get my home loan. I figured I might as well get some miles out of it if I were to use eLoan anyway. Of course, I wouldn't do it if the rates are higher with the miles bonus. I already have my own realtor, so I'm not considering using the Realtor referral bonus.