UWM launches virtual eClosings for purchases in 16 states
United Wholesale Mortgage announced it is expanding its virtual eClosings to borrowers in 16 states, and making the option available for purchase borrowers.
Now, the company expanded from its original four states of Illinois, Montana, Virginia, and Washington to offer its product in 12 additional states: Alabama, Florida, Indiana, Kansas, Maine, Maryland, Missouri, Nebraska, Nevada, New Hampshire, Ohio and Tennessee.
“Making virtual eClosing technology available in more states and opening it up to purchase business is a huge deal as even more mortgage brokers and borrowers have access to the easiest, most convenient closing process possible,” UWM President and CEO Mat Ishbia said. “Virtual eClosing is available in 16 states now and we expect this will be the way all closings are done in the near future.”