Uwm Makes It Easy To Take Advantage Of The Benefits Of Correspondent Lending
At UWM, we support our correspondent partners by providing industry leading turn times, elite client service, innovative technology and more. We also offer expert guidance to brokers looking to transition to correspondent lending. We purchase billions in loans annually and have relationships with over a hundred independent warehouse banks across the country – all to provide our correspondent partners with the best options for their borrowers.
For Current Correspondents
UWM underwrites new loans faster than anyone else in the industry, consistently taking loans from submission to closing in less than 20 days. We also provide unparalleled closing flexibility. And with an average post-close purchase time of three business days, we give our partners the ability to turn their warehouse lines multiple times in a month.
Becoming A Correspondent
Becoming a correspondent can mean increased flexibility with pricing and disclosing loans. It also opens the door to better recruiting opportunities for high-producing loan originators. UWM is here to help our partners achieve those benefits. We have specialists who can walk them through the process of becoming a correspondent and provide expert guidance anytime they need it.
For more information, contact Chad Osterhout, VP of Correspondent Lending, at 248.833.4900.
KEY BENEFITS FOR YOU
- Take control of pricing and disclosing
- Turn lines multiple times each month
- Easier to recruit top loan originators
WHAT THEY'RE SAYING
UWM has given us the ability to expand our operation and maximize our earning potential as a correspondent lender. Recruiting top loan officers became so much easier once we switched to correspondent. They have given us the freedom to be extremely competitive in our pricing. Signing up with UWM was quick and easy. It’s one of the best decisions we made.
Alabama Home Mortgage