UWM Announces No-Cost Credit Reports for Broker Partners

New offering aims to boost business growth by reducing out-of-pocket expenses for brokers

Pontiac, March 13, 2024 – United Wholesale Mortgage (UWM), the #1 overall mortgage lender in the nation, announced today that it is covering the upfront cost of hard credit report pulls for UWM partners. This new initiative will help combat the impact of increasingly high credit report costs, an out-of-pocket expense impacting many brokers’ ability to invest and scale their businesses.

“UWM will always do what’s right for our broker partners,” said Mat Ishbia, President and CEO of UWM. “We’re excited to offer credit reports at no cost to our UWM partners so they can focus on scaling their business and better serving their borrowers without the worry of increasing credit report charges.”

Credit reports play a crucial role in the mortgage decision-making process, providing brokers with a comprehensive overview of their credit scores, payment history, and outstanding debts. However, the rising costs associated with accessing these reports have become a burden for mortgage brokers who are small business owners across America.

Additional details on this offering can be found here.

UWM supports independent mortgage brokers with industry-leading training, technology and service. For more information on how to sign up as a broker with UWM or join UWM’s network, visit uwm.com.