Offer your borrowers stability and a great low rate.
For home buyers who want the stability of a fixed mortgage and the low rate of an adjustable mortgage, the UWM 5/5 ARM provides the perfect balance. The low initial rate of the UWM 5/5 ARM is fixed for five years before it can adjust — then it’s fixed for another five years, then another five years and so on. That’s just two adjustments within 15 years. Plus, it can only adjust by a maximum of 2% each time and it’s capped at just 5% from the initial rate over the entire 30-year life of the loan.
The UWM 5/5 ARM is a great option for just about any home buyer, and the guidelines are the same as for our other conventional ARMs.
Introduce your borrowers to the perfectly balanced UWM 5/5 ARM.