Media Alert: UWM Enhances DSCR Loan Offerings

Real Estate Investment Borrowers Can Now Close DSCR Loans in an LLC

Pontiac, November 1, 2023 – United Wholesale Mortgage, (UWM), the #1 mortgage lender in America, announced today it has expanded eligibility for its Investor Flex DSCR loan program by allowing borrowers to close in a Limited Liability Company (LLC).

This enhancement allows borrowers looking to expand their real estate portfolios an additional option to separate their personal properties and their investment properties while benefiting from the faster, cheaper and easier experience of the wholesale channel.

Additionally, this provides independent mortgage brokers another way to gain a competitive edge by meeting the needs of more borrowers across the country.

Initially launched in March 2022, Investor Flex allows borrowers to qualify for investment properties based on perspective monthly rental income of the subject property rather than their current income. Investor Flex was later expanded in July 2023 with four additional DSCR loan options, providing brokers with greater transparency of investor guidelines and borrower qualifications – making it easier to choose the right product for borrowers.

Additional details on the Investor Flex program can be found here.

UWM supports independent mortgage brokers with industry-leading training, technology and service. For more information on how to sign up as a broker with UWM, visit uwm.com.