You can now take advantage of discounted mortgage rates powered by Sage Home Loans Corporation.

• Rate discount: Get a discounted mortgage rate on a new or refinanced home loan that’s up to 0.75% lower than average with no asset minimum required.

• $500 credit: Get an additional $500 credit toward your closing costs.

• All Robinhood customers can apply for a loan with Sage. However, to lock in a discounted mortgage rate with Sage and get a $500 credit toward closing costs, you either need to be a member of or we’ll automatically upgrade you to our annual Robinhood Gold subscription.
• You must apply and qualify per Sage’s disclosures for either a new home loan or a refinanced mortgage through Sage with the steps described in How to apply.

You can apply for a Sage home loan and if you qualify, lock in a discounted rate by following these steps:

1. Go to Gold hub → Use your perks, and then select Exclusive mortgage rate to view this perk
2. Select one of the following:

• Continue to view more details about how it works
• Preview your rate to view an estimated mortgage rate and details about the loan

3. In How it works, select Continue
4. In First step, select whether you’re buying a new home or refinancing, and then select Start Sage application
5. In Welcome to Sage, follow the on-screen instructions from Sage to get pre-qualified, complete your application, and lock in your discounted rate

After you lock in a discounted rate, if you’re not already a member of the annual Robinhood Gold subscription, we’ll automatically upgrade you to the annual plan. For questions about Robinhood Gold, refer to What’s Robinhood Gold?

Robinhood isn’t affiliated with and doesn’t endorse Sage Home Loans as a third-party service, application, or its respective sponsors. Robinhood isn’t responsible for the content of this third-party service or the collection or use of information by the third-party service regarding its customers.

Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC.

The discounted mortgage rate and $500 credit toward closing costs are Robinhood Gold offers. The rate average is calculated based on a set of assumptions. Your actual rates and savings may vary based on your specific scenario.

Following your mortgage loan application submission, Sage will determine whether the borrower meets its eligibility criteria, applicable underwriting conditions, and the requirements of its investors and/or agencies, including but not limited to the Federal National Mortgage Association (“FNMA”), the Federal Home Loan Mortgage Corporation (“Freddie Mac”), the Federal Housing Administration (“FHA”), or the United States Department of Veterans Affairs (“VA”). Robinhood acknowledges that Sage does not offer loans that are not “Qualified Mortgages,” as defined by the Consumer Financial Protection Bureau. In addition, Sage requires that the following requirements are met:

• Property cannot be located in the state of New York
• Loan amounts must range between $100,000 and $3,000,000
• Borrower must have a minimum FICO score of 580
• Property cannot be a mobile home or manufactured housing

For full details, review Sage’s privacy notice and disclosures that are available during the loan application process.

For questions or assistance with their loan application process, reach out to Sage’s Support team at hello@sagehomeloans.com or (833) 820-2012.