BIRMINGHAM, Mich., Nov. 15, 2011 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it has implemented a proprietary decisioning solution within its broker portal that was custom developed in-house. The new functionality returns accurate pricing and product eligibility on up to ten programs at once with the click of a mouse.

“Simply put, the addition of Easy Qualifier (EQ) to our already robust broker portal makes it easier and quicker for our broker community to quickly identify programs, price loans and offer the lowest payment options while talking with borrowers,” said Mat Ishbia, president of United Wholesale Mortgage. “We want to make it as easy as possible to do business with us and technology is key to providing excellence in service. Using EQ, our brokers are able to confidently say ‘yes’ to borrowers at the point of first contact and close the loan.”

EQ is integrated with EASE (Easiest Application System Ever), UWM’s custom broker portal, which provides brokers with a number of Web-based and pipeline management tools. EASE contains an automated pricing engine that brokers rely on for accurate pricing on eligible loans. The portal also allows for rate-locks, offers real-time status on conditions, enables ease of communication with underwriters and provides visibility over the entire pipeline from submission to funding. In addition, EASE allows brokers to instantly order FHA case numbers and conveniently generate a UWM TIL disclosure.

EQ and EASE work together to help brokers close more loans in a shorter timeframe and with greater accuracy. The portal’s functionality provides UWM’s brokers with a distinct competitive advantage over other originators in the market, which ultimately facilitates customer loyalty. UWM says their technology and mortgage tools increases its volume and pull-through rates, speeds up turn times, attracts top tier brokers and more.

Andy Brikho, Senior Loan Officer at C2 Financial Corporation, states: “UWM’s Easy Qualifier is an intuitive time saving tool that gets you immediate answers on products and pricing. It allows brokers to find the best program for my clients and saves precious broker time. Easy Qualifier is just another great tool from the best lender I do business with that always has the broker in mind.”

Key features of EQ include:
* Qualifies and prices borrowers live on up to 10 different programs at once
* Determines lowest payment options
* Compensation calculator that determines how much brokers will make on each loan
* GFE estimator that shows potential changes based on different loan compensation models
* Verification of loan parameters within UWM guidelines
* Returns accurate pricing and product eligibility
* Allows brokers to printout a borrower’s results page, detailing their options and how much they will save per option.

EQ and EASE are designed solely for use by brokers to make it easier for them to generate new business. Further, the broker portal seamlessly integrates with UWM’s back-office technologies to streamline broker communications and various internal processes.

About United Wholesale Mortgage:
Headquartered in Birmingham, Michigan, United Wholesale Mortgage underwrites and provides closing documentation for residential mortgage loans originated by mortgage brokers, banks, credit unions and correspondents. UWM provides unparalleled service with its deep understanding of the mortgage process using its talented team of account executives, underwriters, closers and funders, who have years of experience with intricate knowledge in wholesale. UWM’s positive teamwork and dedication to exceptional customer service has resulted in continued success and growth that has spawned expansion. For more information, visit www.uwmco.com or call (800) 981-8898.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com .

News issued by: United Wholesale Mortgage

United Wholesale Mortgage

Original Image: https://www.send2press.com/mediaboom/11-1026-unwmort_72dpi.jpg

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Original Story ID: 2011-11-1115-001 (7442) :: 2011-11-1115-001

Original Keywords: Mat Ishbia, UWM Easy Qualifier, EQ, United Wholesale Mortgage, wholesale mortgage lender, Birmingham, Michigan, EASE, Easiest Application System Ever, closing documentation for residential mortgage loans originated by mortgage brokers, banks, credit unions and correspondents, SaaS United Wholesale Mortgage Birmingham Michigan BIRMINGHAM, Mich.

Alternate Headline: United Wholesale Mortgage announces new functionality added to existing broker portal

NEWS ARCHIVE NOTE: this archival news content, issued by the news source via Send2Press Newswire, was originally located in the Send2Press® 2004-2015 2.0 news platform and has been permanently converted/moved (and redirected) into our 3.0 platform. Also note the story “reads” counter (bottom of page) does not include any data prior to Oct. 30, 2016. This press release was originally published/issued: Tue, 15 Nov 2011 04:57:37 +0000

News Source: United Wholesale Mortgage