General World News

UWM extends its 60-bps incentive program into spring

Michigan-based United Wholesale Mortgage (UWM) has extended its 60 basis points (bps) pricing incentive until March 31 “due to its strong success and the substantial competitive edge it’s offered independent mortgage brokers in today’s market,” a spokesperson from UWM confirmed.

The original program, dubbed “60bps for 60 Days,” was originally only available through January 31 and was intended for the slow mortgage market activity period which is attributed to the holiday season. Extending the program means it’s available into the busier spring home-buying season.

The program applies to both conventional and government loans and is available to borrowers with details ⇒

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