United Wholesale Mortgage (UWM) on Wednesday announced a 75-basis-point pricing incentive for eligible conventional and government refinance loans, along with a $600 appraisal credit for eligible conventional and government purchase loans.

The company confirmed that the 75-bps incentive applies to new rate locks through March, while the $600 appraisal credit will be available through April. UWM said the incentives are a “win-win” for independent mortgage brokers and borrowers, and they’re designed to help brokers compete in both the refinance and purchase markets while offering savings to borrowers who want to lower their monthly payments or buy a home.

Wednesday’s announcement details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com