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Tag Archives: United Wholesale Mortgage

Lower Down Payments Make Homeownership More Accessible

Although some recent reports are saying that homeownership is struggling, newer “super low down” loans are beginning to become more popular with millennials. It is estimated that, on average, it takes young people nearly a decade to save for a traditional 20 percent downpayment. In response, some lenders are implementing 3 percent equity mortgages.

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United Wholesale Mortgage Releases Elite Arm

First launched in 2012, Elite caters exclusively to well-qualified clients, providing preferred conventional rates and pricing for borrowers with high FICO scores. The program has been continually expanded with the release of Elite ARM being the most recent addition.

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UWM Launches Conventional Financing for 97% LTV

In response to a recent announcement that Fannie Mae and Freddie Mac have introduced loan options for down payments as low as 3 percent, United Wholesale Mortgage (UWM) announced the launch of a new product offering conventional financing for up to 97 percent loan-to-value (LTV).

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UWM Introduces Investor Edge Program

Michigan-based United Wholesale Mortgage (UWM), one of the nation's fastest growing wholesale lenders, announced on Tuesday the rollout of its newest product: Investor Edge, an offering designed specifically for borrowers seeking to purchase or refinance non-owner occupied investment properties.

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UWM Announces Enhancements to Broker Tools

In Troy, Michigan, United Wholesale Mortgage (UWM) announced the opening of its new Marketing Center, a free benefit for its partners that allows brokers and correspondents to create customized, professionally developed marketing flyers.

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