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UWM Lowers FICO Requirement to 740 on Its Conventional Elite Offerings

NationalMortgageProfessional.com
Mar 23, 2016
http://nationalmortgageprofessional.com/news/60381/namb-partners-united-wholesale-mortgage-grant-program-grow-independent-mortgage-channel

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:

►740+ FICO
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.

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