UWM expands buydown options to combat high mortgage rates
Housing Wire
NOVEMBER 16, 2022
The Pontiac, Michigan-based lender now has an option for borrowers to reduce their rates by 3% during the first year of the loan, compared to the maximum 2% previously offered. UWM is also launching a lender-paid version as an alternative to the sellers-paid product, the company announced on Wednesday. Presented by: Flagstar.
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