As investor purchases decline, DSCR loans capture a growing share of Non-QM lending, creating opportunities for brokers who understand the differences between lender programs
Real estate investors are buying fewer homes than they did a year ago, yet debt service coverage ratio (DSCR) lending continues to gain ground in the market. A big part of the reason is that DSCR loans are purpose-built for property investors. Agency loans qualify borrowers ...
The year-end offer extends across agency and non-agency loans, but brokers must use one of three UWM services to qualify
United Wholesale Mortgage (UWM) is offering brokers 40 basis points in better pricing across its loan products through Dec. 31, tying the incentive to the use of its underwriting, title, or virtual closing services.The promotion, called 40 to the Finish, applies to new locks...
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