Conventional Loan Products


The obvious choice for your top-tier borrowers! Comprised of some of the best conventional rates and pricing in the industry, UWM's Elite program allows you to close quickly, while generating solid referrals. 

  • 700+ FICO
  • Up to 80% LTV
  • Loan amounts from $200,000 up to County Loan Limits
  • Appraisal Waivers honored
  • Underwrite to AUS findings
  • Includes Conventional, High Balance and ARMs


Elite M.I. combines the cheapest lender-paid mortgage insurance in the industry with some of the lowest borrower-paid pricing, which means you only have to go one place to deliver a lower payment for your 640+ FICO borrowers. And since UWM is delegated with the M.I. companies, you’ll save 3–7 days on every loan by eliminating the second underwrite with no overlays.

  • Among the lowest mortgage insurance rates in the industry
  • Instant M.I. saves 3-7 days on the loan process
  • No overlays
  • No adjustments for DTI or number of borrowers
  • Starts at 640 FICO


Conventional options for borrowers looking to purchase with a low down payment or refinance with limited equity. Use the Fannie Mae Lookup Tool to see if a subject property meets the county loan limit requirement.

  • Purchases up to 97% including FTHB
  • Refinances serviced by FNMA eligible up to 97% LTV
  • Reduced Mortgage Insurance
  • High Balance available
  • Relaxed AMI income limits based on census tracts
  • Gift funds eligible for entire down payment
  • Appraisal fee credit up to $525 given at closing

Home Possible

A great alternative to FHA financing for borrowers looking to purchase with a low down payment or refinance with limited equity. Use the Freddie Mac Lookup Tool to see if a subject property meets the county loan limit requirement.

  • Up to 97% LTV
  • First time homebuyers, move-up borrowers, and retirees
  • Refinances up to 97% LTV, regardless of current mortgage program
  • Appraisal fee credit up to $525 given at closing
  • High Balance available


Qualify more first-time homebuyers with this 3% down payment solution.

  • Purchases up to 97% LTV
  • No income restrictions
  • Available in all geographic locations
  • Eligible for single family homes, including townhouses and condos
  • No cash-out refinances available up to 95% LTV


Just because rates are on the rise shouldn't mean an end to your refi business. UWM is here to help by increasing Cash-Out Refinances from 80% LTV to 85% LTV. So you get more refi business and your clients have more money on hand. Everybody wins.

Program highlights:

  • 740+ FICO
  • Primary homes only
  • Reduced mortgage insurance premiums


Offer conventional high balance loans up to 90% LTV featuring UWM’S exclusive M.I. Buyout to all of your borrowers nationwide — even those outside of the counties eligible under Fannie Mae and Freddie Mac — instead of having to opt for a Jumbo loan. Details include:

  • UWM’s Mortgage Insurance Buyout is typically cheaper than LPMI with no M.I. certificate needed
  • Purchases up to 90% LTV; refinances up to 80% LTV
  • Min 680 FICO; Max 43% DTI
  • Loan amounts from $484,351–$726,525
  • Better rates, easier guidelines and faster turn times than Jumbo
  • No manual underwrite — just run through DU, receive an Approve/Ineligible response, and submit to UWM
  • Eligible for primary and second homes

Conforming in all material respects except for loan amount in certain markets.

Elite High Balance

Elite High Balance offers some of the best conventional high balance rates and pricing for your top-tier clients. You'll receive industry-leading turn times, direct access to underwriting, and award-winning technology with every loan.

  • 700+ FICO
  • Up to 80% LTV
  • Loan amounts from $484,351 up to County Loan Limits
  • Appraisal Waivers honored
  • Underwrite to AUS findings
  • Includes Conventional, High Balance and ARMs

High Balance

Time is of the essence with every borrower. Don’t wait while your borrower shops around—give them the most competitive rates and close their High Balance loan in record time!

  • $484,351+ loan amount
  • LTV's as high as 90%
  • 640+ FICO
  • Underwrite to AUS findings
  • Available in all 50 states, both fixed and ARM loans


UWM’s aggressive ARM pricing can provide a lower payment for your client! Secure your borrower in a competitive 5/1, 5/5, 7/1 or 10/1 low interest rate ARM.

  • Provide savings for your clients with lower rate and payment options
  • Quickly and easily price out your loans with Easy Qualifier (EQ) to determine your borrower’s best scenario
  • Reduced caps to 2/2/5 on all 5/1 and 5/5 ARM products
  • 7/1 ARMs qualify at the actual note rate

Flex Term

Customize the perfect loan for your borrower without resetting the mortgage clock! Flex Term provides borrowers with flexible options to select their amortization term.

  • Available on all conventional loan products
  • Terms available from 8–30 years

Limited Review Condos

UWM makes your condo approvals quick and easy with our limited review process. All files receiving a limited review response in AUS will only need a minimum evaluation by our condo department.

  • Available in all 50 states
  • No condo questionnaire required

Single Premium M.I.

Single Premium M.I. allows a one-time, up-front M.I. premium to eliminate the monthly M.I. payment, while ensuring the maximum credit to offset the closing fees. Strengthen your purchase business by giving your borrower the best of both worlds.

  • Both financed and non-financed options available
  • Down payment as low as 3%
  • Use seller contributions to eliminate monthly M.I.
  • Accommodate a low rate and payment while providing a premium credit to negate closing costs
  • Empower your clients to qualify for the home of their dreams

Split 50 and Split 100

Split 50 and Split 100 is a hybrid program combining a single-premium M.I. adjustment with the balance of the M.I. premium to be paid at a reduced monthly rate. Your client will benefit from a lower monthly M.I. payment, saving them hundreds of dollars every month while giving them a great low rate.

  • LTVs up to 95%
  • Split 50 at only 50 basis points
  • Split 100 is a less expensive option for your borrower than FHA loans
  • Underwrite to AUS findings

Texas Cash Out

Cash in with Texas Cash Out, UWM’s Texas 50(a)(6) product! UWM closes all Texas loans in record time.

  • Close in 20 days or less
  • Hassle-free with UWM’s direct communication and rapid turn times

HARP 2.0

We’re closing HARP 2.0 (Home Affordable Refinance Program) in 20 days or less! Do you have a client that has a current loan with Fannie Mae that was originated prior to May 31, 2009? HARP 2.0/DU Refi Plus allows your client to refinance their current loan even if they owe more than the property is currently valued at.

  • Up to 175% LTV/Unlimited CLTV
  • No DTI restrictions (approve/eligible findings)
  • Appraisal Waivers honored
  • Condos and high balance loans are eligible up to 125% LTV/CLTV
  • M.I. transfers allowed with our HARP 2.0 with M.I. program
  • .75 max cap adjustment

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