TROY, Mich., Oct. 7, 2014 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it has been selected as a finalist for Mortgage Technology magazine's 2014 Online Originator Award.
According to the magazine, the Online Originator Award acknowledges a lender that has demonstrated a commitment to using Web-based technologies to generate borrower leads and convert them into closed loans.
"The vendors, lenders and servicers selected as this year's finalists all aspire to enhance mortgage finance through the use of technology," said Austin Kilgore, managing editor of Mortgage Technology magazine. "Recognizing their efforts is what makes the Mortgage Technology Awards the premier mark of distinction for technological excellence in the mortgage industry."
Key technology-centric programs that UWM introduced in the past year include:
A robust mobile application that gives brokers real-time access to status updates as well as the ability to lock loans on the go.
- Marketing Center:
Allows brokers and correspondents to log into EASE, UWM's broker portal, to create customized marketing flyers to market to borrowers and real estate agents.
UWM connects its brokers and correspondents back to their past client when they are in market for a mortgage.
Enhances communication and transparency between brokers and real estate agents with real-time loan status updates.
- Income Calculator:
Empowers brokers with the same technology tool that UWM's underwriters use to correctly calculate borrower wages.
- Easy Qualifier:
Allows brokers to instantly run product eligibility and pricing scenarios to give borrowers multiple loan options to best fit their needs.
"We're honored to be chosen as a finalist by Mortgage Technology magazine for its Online Originator Award," commented Justin Glass, chief digital officer at UWM. "We are dedicated to continuing down an innovative path to help our partners be more successful."
The winner will be announced at the 15th annual mortgage technology awards ceremony hosted by SourceMedia at the MBA Annual Convention and Exposition in Las Vegas, Nevada on October 19. Mortgage Technology magazine's 2014 finalists in each of its twelve categories can be found on the magazine's website at http://www.mortgage-technology.com/ .
About United Wholesale Mortgage:
Headquartered in Troy, Michigan, United Wholesale Mortgage (UWM) 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 client service has resulted in continued success and growth that has spawned expansion. For more information, visit http://www.uwm.com/ or call 800-981-8898.
Profundity Communications, Inc.
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