UWM Expands Temporary Rate Buydowns

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In: New Home Mortgage News

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United Wholesale Mortgage (UWM) this week extended its temporary waiver offer amid high-interest rates and stiff competition. The Detroit-based lender now pays borrowers a 3 percent down payment for the first year of the loan, compared to the maximum rateContinue Reading

United Wholesale Mortgage Bring out the “game-changing” Unique Platform

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In: Mortgage News

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UWM the wholesale lender has launched a new, potentially game-changing platform expected at achieving 15-minute initial approval for eligible borrowers. The Pontiac-based company hailed it as a “revolutionary tool”, ‘Bolt’ is intended to provide quick loan approvals with less touch,Continue Reading

With Another Quarter To Go Public UWM Reports Record Volume And Margins

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:45 amUnited Wholesale Mortgage reported record low volume in the third quarter with one quarter left away from its expected public debut they are already creating waves. The Detroit based firm said UWM originatedContinue Reading

IPO season is back - United Wholesale Mortgage going public with a deal value of $16 billion

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:24 amUnited Wholesale Mortgage is going public through a merger with “blank check” company Gores Holding IV this deal will value the company at more than $16 billion. One of Southeast Michigan’s fastest-growing companies,Continue Reading