RATE DROPS ACROSS THE BOARD AS ANNOUNCED BY UNITED WHOLESALE MORTGAGE compareclosing.com
United Wholesale Mortgage (UWM), a national wholesale and purchase lending company based in Pontiac, Mich., Has announced that it will reduce rates by 50-100 basis points (bps) across the board with the “Game On” price.
The UWM offering takes the lender’s Compete & Beat program, launched in May, to take the prices of the top 20 lenders by 1 basis point to a new level, the company said.
Effective June 22, the lower price will apply to all types of loans, from traditional to government to elite products, UWM said.
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