UWM Plans Longest Enclosed Pedestrian Bridge in U.S. to Connect Two Buildings
Hiring thousands to support broker channel growth in 2020
PONTIAC, MI, February 20, 2020 – United Wholesale Mortgage (UWM), the #1 wholesale mortgage lender, today announced plans for the longest enclosed pedestrian bridge in the U.S. The 1,000-foot-long and 26-foot-wide enclosed pedestrian bridge with a moving walkway will connect the current 600,000 foot building with an additional 900,000 square foot building for a total 1.5 million square foot presence and total investment approaching $250 million in its Pontiac, Mich. campus.
“We’re really big on team and people and our campus reflects that with the amenities that we have in our current building,” said Mat Ishbia, president and CEO of United Wholesale Mortgage. “Now with the addition of a second building and connecting the entire campus with a bridge, we’ll keep this amazing culture alive and continue to create a great place to work for anyone who wants to join our family.”
As the result of the explosive growth in the independent mortgage broker channel, UWM is also planning to add 2,500 new team members to its roster in 2020 to help continue to offer innovative tools and services to help their clients grow their business.
“It’s a great time to be an independent mortgage broker and UWM is here to help them grow their business,” said Ishbia. “Consumers now understand that when they work with a broker, they will get a faster, easier experience and more affordable mortgage and we’re proud to help deliver that to mortgage brokers across America. We plan to hire in areas like technology, operations and underwriting in 2020 to support this growth and don’t plan to slow down anytime soon.”
UWM reported $107.8 Billion in mortgage originations last year claiming 32.3 percent of the broker channel growing 159.5 percent from 2018. UWM is the No. 2 overall mortgage lender passing the likes of Wells Fargo, Bank of America and Chase in 2019.