UWM Holdings Corporation, commonly known as UWM, is a mortgage lender and service provider based in Pontiac, Michigan, USA. The company was founded in 1986 by Mat and Jeff Ishbia and has grown to become one of the largest wholesale mortgage lenders in the United States. UWM focuses primarily on providing mortgage products and services to independent mortgage brokers rather than individual consumers.
As a mortgage lender, UWM offers a wide range of loan products, including conventional loans, FHA loans, VA loans, jumbo loans, and others. The company operates as a wholesale lender, which means it does not directly interact with borrowers but instead works with mortgage brokers who serve as intermediaries between borrowers and the lender. UWM provides mortgage brokers with access to their advanced technology platform, which streamlines the mortgage origination process, making it more efficient and cost-effective.
In addition to its mortgage lending services, UWM also offers various support services to its network of mortgage brokers. These services include underwriting, closing, funding, and post-closing support. By providing comprehensive support to mortgage brokers, UWM aims to help them deliver an efficient and seamless mortgage lending experience to their clients.
UWM prides itself on its industry-leading technology and commitment to innovation. The company has developed proprietary technology platforms, such as EASE (Electronic Appraisal System for Lenders), that enable mortgage brokers to process mortgage applications more quickly and efficiently. This technology-driven approach has helped UWM gain a competitive edge in the mortgage lending market and become a trusted partner for thousands of mortgage brokers across the country.