United Wholesale Mortgage (UWM) is growing so fast that it needs a second building across the street from its headquarters complex in Pontiac, Mich.
According to a report in Crain’s Detroit Business, the company employs 4,100 and is expecting to add nearly 3,000 employees by 2025. To keep up with this projected growth, UWM is acquiring the 900,000-square-foot office building located across from its current 610,000-square-foot campus. The company plans to build an enclosed skyway connecting the two buildings and will expand further into its new property as the current tenants’ leases expire.
Mat Ishbia, UWM’s president and CEO, credited his company’s success on the mortgage brokers that it serves.
“UWM is all-in on the wholesale business,” said Ishbia in an August 2018 interview with National Mortgage Professional Magazine. “We are focused exclusively on brokers and we only care about what our brokers think. We are true partners to our brokers, and we want them to succeed and to wow their borrowers and real estate partners. We only care about helping them build their business and be successful in their local markets.”