UWM Expands Its Conventional Elite Program – NMP Skip to main content

UWM Expands Its Conventional Elite Program

Jan 15, 2020
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 announced that it has dropped loan limits for Conventional Elite borrowers offering its best rates to borrowers seeking loans anywhere from $125,000.
 
“We’re excited to make this change to help our mortgage brokers compete and win even more loans in their local community,” said Mat Ishbia, president and chief executive officer of UWM. “Expanding the Elite program was the obvious choice as we want to continue to help our brokers grow and more consumers throughout America get a great deal on a mortgage.”
 
The Conventional Elite program combines great pricing for the borrower along with the service and technology that UWM has always been known to deliver to clients. Now, borrowers with a 700-plus FICO score and at least 20 percent down, can take advantage of the Elite Conventional program.
 
UWM has always offered Elite programs down to $125,000 on its FHA Elite, VA Elite and USDA Elite programs and that will continue.


 
About the author
Published
Jan 15, 2020
Trump Names FHFA Director Bill Pulte Acting Director Of National Intelligence

FHFA director will continue overseeing Fannie Mae and Freddie Mac while serving as acting director of national intelligence

Jun 02, 2026
Realtor.com Launches AI Home Search Platform Built With Google

New RealAssist tool combines AI, affordability guidance and Google Maps data to engage buyers before they reach lenders

Jun 02, 2026
Another MLS Challenges Zillow In Fight Over Listing Visibility

Realtracs joins MRED in pushing back on Zillow's listing policies, a battle with potential implications for the broader homebuying and mortgage ecosystem

May 29, 2026
Gas Prices Are Quietly Reshaping Homebuyer Affordability

Rocket Money data suggests rising fuel costs are adding pressure to already payment-sensitive buyers as mortgage rates remain elevated

May 28, 2026
MISMO Targets Costly TRID Fee Cures With New Mortgage Fee Standardization Framework

MBA’s standards organization says inconsistent fee naming still drives costly redisclosures and rework, with fee-related cures affecting more than 30% of mortgage loans

May 27, 2026
Zillow-Compass Fight Raises Bigger Questions About The Future Of Mortgage Lead Distribution

Legal battle over private listings and MLS access highlights growing competition to control the homebuyer relationship before borrowers reach a loan originator

May 21, 2026