CD At Initial Underwrite
Trigger The Cd Sooner And Get To The Closing Table Faster
Waiting on your closing docs is wasting precious time. With UWM’s CD at Initial Underwrite process, you can get your docs out sooner and close your loan faster. Just upload one document from each category below at initial submission and we’ll instantly put your CD on a fast track and release it earlier.
| To Assist Triggering The CD Sooner: | |
| Complete Partner Requirements On The CD Progress Screen In Ease And Submit One Of The Following Documents For Each Category | |
| Appraisal |
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| Taxes |
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|---|---|
| Homeowners Insurance |
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| NOTE: Taxes will only be verified if the value on the documentation provided is within 20% plus or minus of the value you input into our system at submission. | |
Then, be sure to use our CD Tracker to confirm when your CD is at 100%, at which time it will be automatically sent to your borrowers. Plus, when you successfully trigger and follow the CD at Initial Underwrite process, you’ll speed up your turn times, impress your borrowers and earn toward a higher PRO Ranking status. Close a loan with CD at Initial Underwrite with a Custom Rate Lock of 20 days or less each month of Q4 and earn 10 bonus points torward your PRO Score.
To learn more, watch our Closing Disclosure at Initial Underwrite video in UWM Partner Academy.
KEY FEATURES
- No more waiting until your loan is clear to close
- Get the CD the minute it hits underwriting
- Save days on your lock period
- Most loans cleared to close in an average of 17 days
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