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Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
7.00%0.01
FintechMortgage

2019 HW Tech100 winner: United Wholesale Mortgage

Gives mortgage brokers control over closing process

F1

In 2018, United Wholesale Mortgage launched its proprietary technology UClose 2.0, a revolutionary tool that gives mortgage brokers complete control over the closing process and enables on-the-spot closings.

This tool not only allows mortgage brokers to close loans faster and more efficiently but also gives them the ability to complete the closing process without F1waiting in a queue for a closer. As of December 2018, UClose 2.0 is being used on 68% of UWM’s daily closings. In that same time, UClose 2.0 also helped shave almost a full day off the amount of time it takes UWM to take a loan from submission to clear-to-close status.

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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