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Read more: United Wholesale Mortgage reveals second quarter financials
Elezaj said that UWM has used its speed and technology to expand its product box, including bank statement loans, Investor Flex, and a DSCR.
“Today’s rising rate environment is driving the market to shift from a refi-heavy market to a purchase-heavy market,” he said. “As the number one purchase lender, UWM is poised to grow with its technology, speed and service creating the scale and efficiency independent mortgage brokers need to succeed. Our low-cost per loan structure also allows UWM to be very profitable while helping the wholesale channel continue to conquest market share.
“We remain focused on adapting, updating, and offering products that our clients request while thinking ahead to create new technologies for the future.”
You can read the 5-Star Lenders 2022 special report here: Putting people and innovation over profit.
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