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United Wholesale Mortgage (UWM) has announced a significant enhancement to its Elite family of loan products. Designed to offer top borrowers with industry-leading rates, UWM will now offer its Elite pricing tier to borrowers with FICOs as low as 740.
Program highlights include:
►Up to 80 percent LTV
►Loan amounts from $250,000–county loan limits
►Includes Conventional, ARMs and High Balance Loans
►Property Inspection Waivers honored
UWM’s line of Elite products offers some of the industry’s best conventional rates and pricing to top-tier borrowers. The Elite program gives mortgage brokers and their clients access to industry-leading turn times, direct access to underwriting, and award-winning technology.