Skip to main content

UWM Expands E-Closing to 12 States

Phil Hall
Feb 19, 2018
After airing in numerous markets nationally, FindAMortgageBroker.com had in excess of 75,000 site visitors in the first 48 hours

United Wholesale Mortgage (UWM) has expanded its virtual e-closing capabilities to 16 states. 
 
Originally offered in Illinois, Montana, Virginia and Washington, the company's e-closing process is now available in Alabama, Florida, Indiana, Kansas, Maine, Maryland, Missouri, Nebraska, Nevada, New Hampshire, Ohio and Tennessee. UWM partners with Boston-based Notarize to make the technology available to consumers. The pilot version of UWM's virtual e-closing technology with Notarize launched in July and was initially limited to refinance loans and used one specific title company, and it is now applicable to both purchase and refinance loans, and allows borrowers to select their own UWM-verified title company.
 

"Making virtual e-closing technology available in more states and opening it up to purchase business is a huge deal as even more mortgage brokers and borrowers have access to the easiest, most convenient closing process possible," said Mat Ishbia, UWM's president and CEO. "Virtual e-closing is available in 16 states now and we expect this will be the way all closings are done in the near future."

 
 
 
 
Published
Feb 19, 2018
More from
Tech
Build A Better Tech Stack

Re-Inventing The Mortgage Lending Business

Tech
Oct 26, 2021
Fintech Mortgage Lender Button Finance Raises $2M Seed Round

Button Finance Inc. a fintech mortgage lender focused on home equity, closed a $2 million seed raise.

Tech
Oct 25, 2021
Total Expert Introduces New Functionalities And Products For Banks And Lenders

Total Expert upgraded its CRM and customer engagement platform with a series of new functionalities and products.

Tech
Oct 22, 2021
Blend Launches New Income Verification Product

Blend Income Verification is a new product for financial services firms that provides instant income verification for mortgages and soon, consumer loans and deposit account opening.

Tech
Oct 21, 2021
ICE Mortgage Announces 0 Percent Loans For HFA Borrowers

ICE Mortgage Technology's latest Encompass update, Encompass 21.3 supports the ability for lenders to offer 0% loans.

Tech
Oct 20, 2021
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Tech
Oct 19, 2021