Skip to main content

UWM Issues New Appraisal Promise

Navi Persaud
Jan 13, 2021
UWM logo

United Wholesale Mortgage unveiled its new Appraisal Promise, which guarantees that appraisals through UWM-approved AMC's will be completed within 10 days or 50% of the appraisal cost will be credited back to the consumer.

The appraisal promise applies to every brokered loan as UWM looks to get brokers, borrowers and real estate agents to the closing table faster.

“We consistently find opportunities to make the process faster, easier and cheaper. Appraisals are one piece of the process where speed matters and our new Appraisal Promise will give brokers confidence that enables them to get borrowers into their dream home as quickly as possible,” said Mat Ishbia, president and CEO of UWM.

Published
Jan 13, 2021
Rocket Pro Announces Major Initiatives

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 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
Synergy One Lending Increases Its Capital By $50M

San Diego-based Synergy One Lending Inc. completed a $50 million corporate note financing with a consortium of institutional investors.

Industry News
Oct 19, 2021
TransUnion Sees Untapped Growth Opportunity For The Mortgage Industry

A study conducted by TransUnion, which explores the creditworthiness of low-to-moderate income consumers, revealed that the segment represents a $300 billion growth opportunity for the mortgage industry.

Analysis and Data
Oct 19, 2021
Zillow Stock Falls After It Halts Buying Houses To Flip

Zillow’s stock fell nearly 10% Monday after the company announced its Zillow Offers division would stop buying homes.

Industry News
Oct 19, 2021
MBA Swears In New Officers For 2021-22

Kristy Fercho, executive vice president and head of home lending at Wells Fargo, is the new chairman.

Industry News
Oct 18, 2021