Escrow waivers expanded

No Escrow

Escrow waivers on uwm conventional loans up to 95% ltv

Save more of your borrowers up to thousands of dollars at closing. We've expanded guidelines for escrow waivers (known as impound waivers in California) on conventional loans - now up to 95% LTV with a 640+ FICO. And still no escrow waiver fee. Now, more of your borrowers can eliminate the up-front money typically required to close their loans. And because they'll have more money in reserves, you can get their loans approved faster and easier.

KEY FEATURES:

  • Escrow waivers up to 95% LTV
  • No escrow waiver fee
  • Eliminates initial escrow (impound) deposit
  • Available on all conventional loans
  • Option to waive just taxes, just insurance or both

*Limited to 80% LTV in NM by state law.

WHAT THEY'RE SAYING

I love being able to offer the escrow waiver option without a fee. It lowers my borrowers’ monthly payments and the amount of cash they need at closing. This is a great tool to bring in new business.

Yobi Song

Loan Officer, NetLending

 

Join Our Network

Create an account with UWM to access Your Active Pipeline

Registration Successful!

Thank you for registering! Please check your email to start your online application.

Follow Us