UWM Celebrates 40 Years In Business With New Broker Benefit
In honor of its 40th year in business, the nationwide mortgage lender is offering a 40-basis point pricing incentive to its broker partners through the end of February
Pontiac, Michigan-based United Wholesale Mortgage (UWM) has announced a special pricing incentive to celebrate its 40th year in business.
UWM mortgage broker partners can receive 40 basis points (bps) on all new locks from now until February 27, an incentive available on all eligible conventional and government loans.
UWM announced that mortgage brokers can also combine this offering with up to 40 Control Your Price (CYP) basis points to provide borrowers with even more savings.
UWM originates primarily conforming and government loans across all 50 states and the District of Columbia.
United Wholesale Mortgage Holdings Corporation recently announced the acquisition of Two Harbors Investment Corporation, a mortgage servicing rights (MSR)-focused REIT. The deal, valued at approximately $1.3 billion, reinforces UWM’s commitment to scale, operational efficiency, and the independent broker channel.
Two Harbors, through its RoundPoint Mortgage Servicing platform, brings one of the largest portfolios of conventional MSRs in the industry to UWM, along with deep capital markets expertise. Together, the combined company will manage a servicing portfolio exceeding $400 billion in unpaid principal balance (UPB), making it the eighth-largest mortgage servicer in the U.S.