Skip to main content

United Wholesale Mortgage Announces New Jumbo Elite Program

NationalMortgageProfessional.com
May 18, 2016
United Wholesale Mortgage (UWM) has announced the launch of a new program enabling consumers to purchase homes with as little as one percent down, making UWM one of the first wholesale mortgage lenders in the country to offer a conventional one percent do

United Wholesale Mortgage (UWM) has announced the launch of a new Jumbo Elite program that will enable mortgage brokers to offer their borrowers one of the easiest jumbo processes, along with highly competitive rates. Rates associated with the Jumbo Elite program offer brokers significantly improved pricing compared to the industry average.

“In such a competitive market, brokers can now look forward to offering their clients extremely competitive jumbo pricing that levels the playing field with larger banks” said Mat Ishbia, president and CEO of UWM. “We’ve really upped the ante for brokers in the jumbo lending space. Brokers can now attract more jumbo clients with incredible pricing and the industry’s fastest turn times.”

The Jumbo Elite program’s simplified process will make brokers more attractive to savvy jumbo borrowers throughout the country. Brokers will enjoy transparent guidelines and direct communication with their underwriter throughout the entire loan process.

Highlights of UWM’s Jumbo Elite program include: Loan amounts up to $2 million; exclusive rate incentives for borrowers with 740+ FICO; eligible for primary and second homes; ARM and fixed-rate options available; and closings in 25 days or less.

Published
May 18, 2016
FormFree Enters Deal To Offer Products to Lenders One Members

Mortgage Cooperative Hopes Automated Borrower Verification Tools Will Enhance Customer Experience

Industry News
Aug 03, 2021
AHP Servicing Names Charles Halko Jr. CFO

Brings 30-Years Of Experience to Chicago-Based Servicer

Industry News
Aug 03, 2021
Ready Capital Announces Deal To Acquire Red Stone

Real Estate Finance Company Expands In Multi-Family Affordable Housing Sector

Industry News
Aug 03, 2021
Anchor Loans Hires Andrew Jewett As SVP, Enterprise Sales

Formerly lead lending at Sundae Inc.

Industry News
Aug 02, 2021
Pretium Adds 3 Execs With Residential Credit Expertise

New Hires Will Serve As Managing Directors

Industry News
Aug 02, 2021
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021