UWM has debuted a new cash-out refi product without mortgage insurance.
” data-medium-file=”https://www.housingwire.com/wp-content/uploads/2024/10/UWMs-new-cash-out-refinance-product-1.jpg?w=300″ data-large-file=”https://www.housingwire.com/wp-content/uploads/2024/10/UWMs-new-cash-out-refinance-product-1.jpg?w=1024″ tabindex=”0″ role=”button” src=”https://www.housingwire.com/wp-content/uploads/2024/10/UWMs-new-cash-out-refinance-product-1.jpg?w=1024″ alt=”_UWM’s-new-cash-out-refinance-product (1)” class=”wp-image-488384″ srcset=”https://www.housingwire.com/wp-content/uploads/2024/10/UWMs-new-cash-out-refinance-product-1.jpg 1200w, https://www.housingwire.com/wp-content/uploads/2024/10/UWMs-new-cash-out-refinance-product-1.jpg?resize=150,84 150w, https://www.housingwire.com/wp-content/uploads/2024/10/UWMs-new-cash-out-refinance-product-1.jpg?resize=300,169 300w, https://www.housingwire.com/wp-content/uploads/2024/10/UWMs-new-cash-out-refinance-product-1.jpg?resize=768,432 768w, https://www.housingwire.com/wp-content/uploads/2024/10/UWMs-new-cash-out-refinance-product-1.jpg?resize=1024,576 1024w” sizes=”(max-width: 1200px) 100vw, 1200px”>UWM has debuted a new cash-out refi product without mortgage insurance. Is the juice worth the squeeze?
United Wholesale Mortgage (UWM) has the mortgage industry abuzz over its latest product, a higher-risk, cash-out refinance at a time of economic uncertainty.
On Wednesday, UWM unveiled a new cash-out refinance product —dubbed Cash-Out 90—that allows borrowers to refinance with a loan-to-value
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