UWM Makes History by Dropping Interest Rates as Low as 1.875 Percent on 15-Year Fixed Mortgages

The first lender to drop rates as low as 2.5 percent for 30-year fixed and 2.25 percent on VA loans now offers rates under 2 percent exclusively through independent mortgage brokers

PONTIAC, July 31, 2020 – United Wholesale Mortgage, (UWM), the #1 wholesale mortgage and overall purchase lender in America, today announced rates as low as 1.875 percent for 15-year fixed mortgages for purchases and refinances are available exclusively through independent mortgage brokers.

“United Wholesale Mortgage is proud to provide some of the best rates, service and technology to borrowers exclusively through independent mortgage brokers while closing loans in 15 days or less,” said Mat Ishbia, president and CEO. “We’re proud to be offer great rates for borrowers for 15-year mortgages just like we have been on our 30-year mortgages as well.”

The 15-year fixed product is the latest in a series of releases recently announced by UWM including Conquest conventional loans offering rates as low as 2.5 percent and Conquest VA offering rates as low as 2.25 percent for both purchases and refinances.

Qualifying borrowers can lock in this rate for a limited time by reaching out to their local independent mortgage brokers or find one by visiting www.FindAMortgageBroker.com.