UWM Announces 0% Down Purchase Program [Yahoo! Finance]
UWM Holdings Corporation Class A (UWMC)
Company Research
Source: Yahoo! Finance
LIVE!, the largest mortgage broker event of the year, 0% Down Purchase, a program aimed to help more borrowers become homeowners without an upfront down payment. This UWM-exclusive program allows qualified borrowers to receive a 3% down payment assistance loan up to $15,000 from UWM. This loan will not accrue interest and will not require a monthly payment. "UWM's 0% Down Purchase program is going to change the game this purchase season," said Mat Ishbia, president and CEO at UWM. "No other wholesale lender in the country is offering this, meaning independent mortgage brokers now have a significant advantage with consumers and real estate agents. Thousands of borrowers are sitting on the sidelines because they don't have a downpayment – this program removes that barrier." To be eligible for this product, borrowers must be at or below 80% of the Area Median Income for the address of the property they are buying or one borrower is a first-time homebuyer. The qualifying borrower wi
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- UWM Holdings Corporation Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - UWMCAccesswire
- ATTENTION UWM Holdings Corporation Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your RightsAccesswire
UWMC
Earnings
- 5/9/24 - Beat
UWMC
Sec Filings
- 6/5/24 - Form 8-K
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- UWMC's page on the SEC website