BREAKING NEWS! UWM now offering mortgage interest rates as low as 2.5%

CEO Mat Ishbia unveils “Conquest” program for new UWM customers. United Wholesale Mortgage announced Tuesday that it is rolling out a new loan program that offers borrowers an interest rate as low as 2.5% for both purchase mortgages and refinances. UWM is both the nation’s biggest purchase mortgage lender and the largest wholesale lender, meaning it doesn’t lend directly to borrowers. UWM works directly with mortgage brokers, who can in turn offer these low rates to their customers.

“Some people said we’d never see interest rates drop below 3% on a 30-year mortgage, but it’s now available when borrowers work with an independent mortgage broker,” UWM President and CEO Mat Ishbia said. “We believe that the housing market is going to be strong and we want to do our part to help more people get into their dream homes as we get through this pandemic together as a nation.”

Call your trusted mortgage professionals today at 949-456-7056 for more information.

Read the full HW article here.