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United Wholesale Mortgage funds loans for independent mortgage brokers rather than directly to homebuyers, operating as a wholesale lender. Brokers submit loan requests to UWM, which underwrites and funds the loans, then the brokers close the loan with the borrower. UWM grew from a small Michigan operation to the largest wholesale mortgage lender in the United States, helped by CEO Mat Ishbia’s leadership after joining in 2003 and driving rapid expansion. In 2021, UWM went public through a SPAC merger valued at $16.1 billion, boosting capital and visibility for the broker channel. The company differentiates itself by focusing on the broker channel, scale, and speed of funding, aiming to provide efficient, reliable mortgage funding and technology to support independent brokers and their customers.
Industries
Financial Services
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Pontiac, Michigan
Founded
1986
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Total Funding
$2.7B
Above
Industry Average
Funded Over
4 Rounds
Paid Time Off
Additional parental and maternity leave benefits
Adoption reimbursement program
Paid volunteer hours
Paid training and career development
Medical, dental, vision and life insurance
401k with employer match
Mortgage discount and area business discounts
Free membership to our large, state-of-the-art fitness center
Wellness area
Gourmet cafeteria
Convenience store featuring healthy grab-and-go snacks
In-house Starbucks and Dunkin
Indoor/outdoor café with Wi-Fi
Gen Z wants to own homes, but are concerned about affordability. Here's how they can get both. Updated Sep 18, 2026, 6:43 AM PT Gen Z wants to experience homeownership - and most see it as a key step toward building wealth and long-term financial security. In fact, 67% see homeownership as an important lifetime goal. But in today's economy, many younger buyers believe it's harder for their generation to buy a home, so they are taking practical steps to get ready for this important milestone. As younger generations focus on financial readiness, independent mortgage brokers across the country are stepping up with solutions that offer greater access to the market. New programs and loan options are giving Gen Z the head start they're looking for - and helping them achieve their dream while ensuring their financial well-being. Here are three solutions (of the many loan options available to mortgage brokers) that can help young buyers take the leap into homeownership: 1. Rate buydowns. A rate buydown allows you to pay extra cash upfront to temporarily or permanently lower your interest rate (and typically your monthly payment). This can make it easier for new homeowners to afford their mortgage payments, especially during the first few years. 2. Adjustable-rate mortgages (ARMs). ARMs offer a fixed interest rate for an initial period (typically lasting five, seven, or 10 years) followed by a variable rate that will change over time. The initial rate is usually lower than a traditional fixed-rate mortgage, making your monthly payments more affordable as you settle in. That's why an ARM can be a smart choice for buyers who plan to move, refinance, or anticipate a big improvement in their finances from a new job or paying off student loans. 3. Low down payment loans and down payment assistance. Many loan programs allow buyers to put down as little as 3% and some do not require any down payment at all. Here are some examples of options available for eligible borrowers: There are also more than 2,500 homeownership incentive programs available across the US, including options from state and local governments as well as nonprofit organizations. These can help cover down payments and closing costs, or offer low-interest loans. Some are designed specifically for first-time buyers, while others are available to buyers who meet certain income requirements. Transitioning from renter to buyer. For many, the transition from renting to owning a home is the ultimate milestone in achieving financial certainty. Beyond the creative freedom to personalize your space or the emotional security of a permanent sanctuary for your kids or pets, homeownership serves as a powerful engine for building wealth. Unlike the "lost" expense of monthly rent, a mortgage allows you to build equity in your home with every payment, effectively turning a housing necessity into a long-term investment. While the primary reward has traditionally been the appreciation of the value of the home and the potential to use that equity toward other life expenses, modern innovators are now adding immediate, tangible value to the process of paying your mortgage. For example, United Wholesale Mortgage (UWM), the number one mortgage lender in the US, has partnered with Bilt, the platform best known for rewarding renters when they pay their rent. Now, UWM and Bilt have expanded this benefit to homeowners through "Built-In Rewards," allowing homeowners to earn points every time they make an on-time digital mortgage payment through Bilt (when UWM is the loan servicer). These points can be redeemed for everyday perks like dining, travel, fitness classes, or even applied directly toward future principal-only mortgage payments. It's helped turn one of life's biggest monthly expenses into something that pays homeowners back. At the end of the day, buying a home doesn't have to feel out of reach. With the right tools - and support from a knowledgeable, local mortgage expert - Gen Z buyers can start building equity and long-term financial stability sooner than they might expect. Think of independent mortgage brokers as your go-to partner throughout the process who can break down your options, find the right loan for your situation, and help you navigate every step with more confidence and clarity. This post was created by Insider Studios with Mortgage Matchup. Powered by UWM | NMLS #3038 | Equal Housing Lender
UWM broadens condo financing, rolls out eligibility tool. Lender widens nonwarrantable condo eligibility Article Summary. United Wholesale Mortgage is broadening financing options for nonwarrantable condo projects on conventional and select nonagency products while launching a Condo Eligibility Tool for brokers. AI Summary United Wholesale Mortgage (UWM) is expanding financing options for condominium projects that fall outside standard agency requirements and is rolling out a new eligibility tool as federal regulators tighten condo standards. The Pontiac, Michigan-based wholesale lender is widening eligibility for nonwarrantable condos on conforming conventional loans and select jumbo, investor flex and bank-statement products, the company said on Wednesday. UWM is also introducing a Condo Eligibility Tool that lets brokers enter a condo address and instantly see potential project eligibility and which loan products might be available to borrowers. Membership Full access Billed annually Membership includes: * | Unlimited access to HousingWire reporting and analysis * | Access to HousingWire Intelligence * | Member-only newsletter * | Event perks Free account Limited access * | Read 2 subscriber-only articles each month
UWMC Class alert: UWM Holdings Securities Fraud Class Action to recover losses is pending - investors notified to Contact BFA Law before October 13 court Deadline. UWM has been sued for securities fraud after its stock plummeted 34.78% because UWM allegedly misrepresented its mortgage servicing rights hedging strategy and the risks created by hedging connected to the Two Harbors transaction. NEW YORK, Sept. 11, 2026 (GLOBE NEWSWIRE) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against UWM Holdings Corporation (NYSE:UWMC) and certain of the company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. If you invested in UWM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit. Key Details of the UWM ($UWMC) Class Action: * Lead Plaintiff Deadline: October 13, 2026 * Alleged Misconduct: Securities fraud alleging that UWM misrepresented its mortgage servicing rights hedging strategy and the risks created by hedging connected to the Two Harbors transaction * Stock Drop: August 6, 2026 - 34.78% Stock Drop * Court: U.S. District Court for the Eastern District of Michigan * Action: Contact BFA Law to discuss your rights Investors have until October 13, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in UWM securities. The class action is pending in the U.S. District Court for the Eastern District of Michigan. It is captioned Bond v. UWM Holdings Corporation et al., No. 26-cv-12862. Why is UWM Being Sued for Securities Fraud? UWM originates, sells, and services residential mortgage loans in the United States. In December 2025, UWM and Two Harbors Investment Corp., owner of RoundPoint Mortgage Servicing, signed an all-stock merger agreement valued at $1.3 billion. According to the complaint, in March 2026, Two Harbors terminated the UWM agreement after CrossCountry Mortgage made a competing cash offer and agreed to pay UWM's termination fee. As alleged, UWM failed to disclose that it had deviated from its traditional strategy of not hedging its mortgage servicing rights by taking a major hedge position, that it over-hedged itself in anticipation of the Two Harbors transaction, and that its purported efforts to balance risk created excess hedging risk. Why did UWM's Stock Drop? On August 5, 2026, after the market closed, UWM reported Q2 2026 financial results, including a $603.2 million interest rate derivatives loss which contributed to a $451.9 million second-quarter net loss. Total equity also fell 43.6% year over year, reflecting the net loss and derivative-related charges. Then, on August 6, 2026, UWM disclosed that it "over-hedged" while protecting against the Two Harbors transaction and stated that UWM does not traditionally hedge its mortgage servicing rights. UWM further disclosed that when it was acquiring Two Harbors and a large mortgage servicing rights book, "it created a little more risk," that UWM "did put a hedge on to protect against that risk," and that "the Two Harbors transaction went away," creating a hedge loss. On this news, UWM's stock dropped $0.64 per share, or 34.78%, from a closing price of $1.84 per share on August 5, 2026, to $1.20 per share on August 6, 2026. What Can You Do? If you invested in UWM, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360, and "SuperLawyers" by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients." BFA's notable successes include a recovery of over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. Attorney advertising. Past results do not guarantee future outcomes.
INVESTOR ALERT: Pomerantz law Firm reminds investors with losses on their Investment in UWM Holdings Corporation of class action lawsuit and upcoming deadlines - UWMC. September 08, 2026 17:47 ET | Source: Pomerantz LLP NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) - Pomerantz LLP announces that a class action lawsuit has been filed against UWM Holdings Corporation ("UWM" or the "Company") (NYSE: UWMC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether UWM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until October 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired UWM securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. In December 2025, UWM and Two Harbors Investment Corp. ("Two Harbors") (owner of RoundPoint Mortgage Servicing) signed an all-stock merger agreement valued at $1.3 billion to expand UWM's mortgage servicing rights (MSRs). However, in March 2026, Two Harbors terminated the UWM agreement after CrossCountry Mortgage stepped in with a competing cash offer and agreed to pay UWM's termination fee. UWM aggressively countered by raising its proposals, but Two Harbors' board repeatedly rebuffed these advances, leading to a brief mandated negotiation waiver period in June 2026 that expired without a new deal. On August 5, 2026, after the market closed, UWM reported second quarter fiscal year 2026 financial results, including a $603.2 million interest rate derivatives loss which contributed to a $451.9 million second-quarter net loss. Total equity also fell 43.6% year over year, reflecting the net loss and derivative-related charges. Then, on August 6, 2026, at 10:30 AM EDT, the Company held an earnings call in connection with its second quarter 2026 financial results. During that call, Chief Executive Officer Mathew Ishbia ("Ishbia") disclosed "We were over-hedged, if you think of it that way, protecting against the Two Harbors transaction." Ishbia further stated "[w]e don't traditionally hedge our MSRs [Mortgage Servicing Rights]" but "when you're going through and acquiring a company like Two Harbors and a massive MSR book... it created a little more risk. So... we did put a hedge on to protect against that risk and then a lot of things happen[ed]... and then obviously, the Two Harbors transaction went away. And so a confluence of events that created a hedge loss." On this news, UWM's stock price fell $0.64 per share, or 34.78%, to close at $1.20 per share on August 6, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.
UWM ALERT: Bragar Eagel & Squire, P.C. Announces that a class action lawsuit has been filed against UWM Holdings Corporation and Encourages Investors to contact the firm. Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In UWM To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in UWM between March 9, 2026 and August 5, 2026and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at [email protected] or by telephone at (212) 355-4648. NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) - What's Happening: * Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against UWM Holdings Corporation ("UWM" or the "Company") (NYSE:UWMC) in the United States District Court for the Eastern District of Michigan on behalf of all persons and entities who purchased or otherwise acquired securities between March 9, 2026 and August 5, 2026, both dates inclusive (the "Class Period"). Investors have until October 13, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details: * The complaint filed in this class action alleges that between March 9, 2026 and August 5, 2026, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company had deviated from its traditional strategy of not hedging its mortgage servicing rights to take a major hedge position; (2) the Company over-hedged itself in anticipation of the Two Harbors transaction; (3) the Company's purported efforts to balance its risk in fact created an excess hedging risk; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Next Steps: * If you purchased or otherwise acquired UWM shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn. Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Melissa Fortunato, Esq. (212) 355-4648 [email protected] www.bespc.com
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Industries
Financial Services
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Pontiac, Michigan
Founded
1986
Find jobs on Simplify and start your career today