NAMB Partners With UWM on Grant Program to Grow the Independent Mortgage Channel
NAMB—The Association of Mortgage Professionals has announced the launch of KickStart, an initiative designed to grow the mortgage broker channel by providing grants to loan originators aspiring to open their own mortgage shops. With a $500,000 grant from United Wholesale Mortgage (UWM), Kickstart will begin immediately.
The initiative will grant interested and qualified individual loan originators an amount up to $10,000, with the aim of covering startup costs, such as office space and software technology, that makes it possible for them to accept loan applications. Applicants are not required to pay back the funds.