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United Wholesale Mortgage adds new ARM product

the bank’s brokerage arm. The bank was encouraging investors to actively trade high-fee debt products that were not supposed to be actively traded. The bank did not admit wrongdoing but made changes.

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United Wholesale Mortgage (UWM) has announced the release of Elite ARM, a new loan product that has been added to its Elite and Elite High Balance program. First launched in 2012, Elite caters exclusively to well-qualified clients, providing preferred conventional rates and pricing for borrowers with high FICO scores.

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United Wholesale Mortgage is the #1 Wholesale Lender in the nation. UWM delivers best-in-industry turn times averaging at 15 days or less, while providing elite client service and innovative tools for submission through closing. Join UWM today to take your business to the next level.

PLEASE NOTE: ALL NEW QUICK LOCKS THAT ARE LOCKED ON OR. Wholesale Rate Sheet CA / OR / WA (Lender Paid Comp) ARM Information. 5/1 FA & 30yr IO ARM Products 1 of 8. Fully Amortized Fixed and ARM / Interest Only ARM Portfolio Products

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