UWM Lowers FICO Requirement For Its Elite Products

Posted by Patrick Barnard on March 30, 2016 No Comments
Categories : Residential Mortgage

United Wholesale Mortgage (UWM) is now offering its Elite pricing tier to borrowers with FICO scores as low as 740.

This new program offers up to 80% loan-to-value and loan amounts that start at $250,000. It includes conventional, adjustable-rate and high-balance loans. In addition, property inspection waivers are honored.

UWM’s Elite products are geared for top-tier borrowers. Its Elite program gives mortgage brokers and their clients access to industry-leading turn times, direct access to underwriting and award-winning technology.

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