United Wholesale Mortgage (UWM) is offering a new 50-basis-point pricing incentive on purchase loans this week, one piece of a wider set of rate specials the lender is using to support broker volume in a competitive spring market.

The program, called Purchase Boost 50, provides the pricing incentive on purchase loans locked between April 8 and April 14. It’s available on conventional and government loans for primary residences, second homes and investment properties across all terms.

There are some caveats. It requires a minimum 700 FICO score and does not apply to bank-statement loans, Investor Flex (debt-service-coverage details ⇒

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