United Wholesale Mortgage (UWM) will begin to cover the upfront cost of hard credit report pulls for its broker partners as it aims to expand market share.

The new initiative will ease the impact of out-of-pocket expenses for mortgage brokers after the costs for credit reports increased this year, the company said in making the announcement on Wednesday.

“We’re excited to offer credit reports at no cost to our UWM partners so they can focus on scaling their business and better serving their borrowers without the worry of increasing credit report charges,” Mat Ishbia, president and CEO of details ⇒

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