Media Alert: UWM Announces 125 Basis Points Incentive For All VA IRRRLS And FHA Streamlines

Media Alert: UWM Announces 125 Basis Points Incentive For All VA IRRRLS And FHA Streamlines

Govy125 helps brokers jump-start their own refi business

Pontiac, July 10, 2024 - United Wholesale Mortgage (UWM), the nation's #1 overall mortgage lender, announced today Govy125, a 125 basis points incentive on any note rate for VA IRRRLS and non-credit qualifying FHA Streamlines. This new incentive aims to help UWM partners create more refinances with their past VA and FHA borrowers, as well as attract new clients.

Available on new locks now through September 3, 2024, Govy125 pricing will help more borrowers secure a lower rate and save money on their monthly payments at a time when they may not have thought possible.

To qualify, UWM partners need to use TRAC+ and/or PA+, two UWM exclusives designed to help make the process faster and cheaper for borrowers. Plus, clients who use TRAC+ receive up to an additional 60 basis points for a total of up to 185 basis points.

Additional details on this exclusive offering can be found here.

This comes after UWM recently announced 0% Down Purchase, a program dedicated to helping more borrowers become homeowners without the requirement of an upfront down payment.

UWM supports independent mortgage brokers with industry-leading training, technology and service. For more information on how to sign up as a broker with UWM or join UWM's network, visit uwm.com.

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