PONTIAC, January 18, 2023 – United Wholesale Mortgage (UWM), the #1 overall lender in America, announced it has enhanced its Safe Check program, initially launched in October 2022, to provide loan officers more certainty and confidence to pull valid pricing.
Now, UWM’s Safe Check allows LO’s to run a single or tri-merge soft credit check to pre-qualify their borrowers. The new tri-merge option, available for a flat rate of $23, provides the FICO score accuracy of a hard credit report, while protecting the LO and the borrower from credit trigger lead solicitations.
LO’s can also combine Safe Check with UWM’s BOLT underwriting technology, allowing them to obtain an initial approval in minutes and gather documents prior to ordering a full credit report for when the loan is ready to be submitted to underwriting.
This launch comes after UWM’s Control Your Price, which now gives brokers access to 150 basis points to use when and where they need it. In addition, UWM recently announced a credit solution that allows independent mortgage brokers to order a hard credit reports for UWM loans for a flat fee of $37.35, further combating the recent significant increases in the cost of running credit reports.
UWM supports independent mortgage brokers with industry-leading training, technology and service. For more information on how to sign up as a broker with UWM, visit uwm.com.
About UWM Holdings Corporation and United Wholesale Mortgage
Headquartered in Pontiac, Michigan, UWM Holding Corporation (UWMC) is the publicly traded indirect parent of United Wholesale Mortgage, LLC (“UWM”). UWM is the nation’s largest home mortgage lender, despite exclusively originating mortgage loans through the wholesale channel. UWM has been the largest wholesale mortgage lender for 8 consecutive years and is also the largest purchase lender in the nation. With a culture of continuous innovation of technology and enhanced client experience, UWM leads the market by building upon its proprietary and exclusively licensed technology platforms, superior service and focused partnership with the independent mortgage broker community. UWM originates primarily conforming and government loans across all 50 states and the District of Columbia. For more information, visit uwm.com or call 800-981-8898. NMLS #3038.
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