Conventional
- We have a full array of Conventional Products to meet your lending needs! Some of our highlights:Split 50 & Split 100 – By now you have created your own Refi boom and built up your Realtor relationships with the Pay Advantage. The NEW Split 50 & Split 100 is a Hybrid of the UWM Pay Advantage and BPMI/Monthly M.I.. With this program you can save your borrowers hundreds of dollars every month and give them the lowest rate possible. Contact your Account Executive today for more information on the Split 50 & Split 100 program.Pay Advantage – Do you want to create your own Refi Boom? Do you need a program to generate more realtor business? The UWM Pay Advantage gives you the opportunity to do both! The Pay Advantage is so Xtreme that we underwrite the file based on DU Findings! No appraisals – DTI based on DU Approve/Eligible – 1 touch by our M.I. Underwriter and NO M.I. Overlays! Contact your Account Executive for more information on the UWM Pay Advantage.Arm’s – Borrowers are “rate sensitive”. Give them the lowest rate (and payment) possible with UWM and close their loan before they have time to shop. Call your Account Executive today for more information on our competitive ARM program.High Balance – Time is of the essence with every borrower. When that high balance opportunity is there, do you want to wait while the borrower shops around? Of course not! Give your borrower the most competitive rate and close their loan in 10 days or less!Limited Review Condos – We have a condo review process to help you close more loans! Having a condo association approved shouldn’t be a nightmare. UWM has Made Lending Easy, even on Condos! Call your Account Executive for details on our condo approval process.
FHA
- As a Top Ten FHA Wholesale Lender, United Wholesale Mortgage offers the best products available. Highlights:FHA Streamlines – With the UWM Streamline you do not need an appraisal! Not only do we allow up to 60 days of interest, but we allow you to Net Escrows! Call your Account Executive today to find out how you can do a Streamline Lender Paid or Borrower Paid. Time is of the essence, stop the shop and use our quick closing process to secure your borrower.Manufactured Homes – Most brokers come across a manufactured home from time to time. Since you’re a preferred broker with UWM you won’t have to turn away business! Call your Account Executive today for more details on this program.Hud REO’s – Who knew a HUD REO could close in less than 2 weeks?!? With United Wholesale Mortgage you can WOW those realtors and borrowers with our quick close process. Our closers know how to work with title on these more “timely” closings. From submission to close a HUD REO transaction that is stress free.
VA
- Take care of your veteran borrower with United Wholesale Mortgage. If it’s a purchase or a refinance we can get the loan closed quickly and efficiently. Call your Account Executive today for more details on our VA Program.Cash OutPatriot Plus – Up to 100% LTV Rate/Term! (Full Doc Only)
Jumbo
UWM now offers the best Jumbo product in the Country!
The Big & Easy - Help your borrowers qualify for a Jumbo loan up to $2.5 Million while offering numerous property types and multiple fixed and arm options. The “Big & Easy” is the only True Jumbo product that helps you close your best borrowers with clear, simple and hassle-free guidelines.
FICO scores as low as a 720 and a 80% LTV will help give you a competitive advantage over the rest of the Jumbo products that are currently offered in the market.
Contact your Account Executive for more information!
HARP 2.0 & Refi Plus
Under the new HARP 2.0 enhancements, primary residences are eligible to receive financing up to 125% LTV with reduced pricing adjustments.
HARP 2.0 will not have a CLTV restriction for Primary Residence. Condos currently secured by Fannie Mae will be eligible to refinance up to 125% LTV without full condo review.
Guidelines have also been expanded for Fannie Mae’s Du Refinance Plus program for secondary homes and Investment properties. Secondary homes are now eligible to be refinanced up to 125% LTV and 105% LTV for Investment Properties.
