General World News

UWM debuts new 60-bps incentive program

Michigan-based United Wholesale Mortgage (UWM) has launched a new pricing incentive, offering 60 basis points (bps) to its broker partners for the next 60 days, a period when mortgage market activity typically slows due to the holiday season. 

The program, dubbed “60bps for 60 Days,” applies to both conventional and government loans and is available to borrowers with a FICO score of 720 or higher. UWM’s goal is to “help independent mortgage brokers remain competitive in the current market landscape.” The offering is available through Jan. 31, 2025.

“The purchase market usually slows down in the fourth details ⇒

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