PASADENA, CALIF. August 15, 2023
Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, announced today that they’ve been added to Lender Price Marketplace to offer their unique Third-Party Originator (TPO) loan programs to many brokers around the country.
Union Home Mortgage, headquartered in Strongsville, OH, offers loans primarily through their loan officers and via the direct channel. Through their UHM TPO channel, they’re also able to offer loans to credit unions, banks, and brokers as well. Built on trust with their business partners, UHM understands their TPO partners have a choice, and it’s their desire to be their lender of choice.
Through TPO’s customized Customers4U broker-origination program, experienced UHMTPO Account Executives will help navigate and assist brokers from across the country (48 states and Washington D.C.) with loan scenarios. UHMTPO primary focus is closing agency production. Primary products include Conventional (FNMA/FHLMC), FHA, VA & USDA loans.
UHMTPO Top 10 Highlights include:
- Quick Price & Quick Lock through UHMGO
- Ask UHM, is a quick google-like search for all product & guidelines.
- MBS Dashboard offers real-time secondary market data feed.
- Dual automated underwriting system (AUS) at time of initial submission.
- Overnight & weekend locks.
- 90-day locks with no upfront cost.
- TBD (To Be Determined) Loan Underwrite to get customers fully approved before they buy.
- Leads4U program that notifies brokers when their customers could save money with a new mortgage or refinance.
- UHM self-services all loans and retains 95% of all servicing. We do not have a sub-servicer.
- Direct communication with the underwriter and operations team through UHMG/Phone/Email.
Lender Price provides lenders with enhanced pricing capabilities and simple-to-use technology designed to help mortgage brokers and loan originators find the most competitive loan programs in the industry. United Home Mortgage will be leveraging Marketplace 2.0 by Lender Price to showcase their products to one of the largest communities of brokers in the mortgage industry. The Lender Price Marketplace user base has grown dramatically over the past 12 months, with rapid growth coming from lenders like UHM looking to get their loan programs in front of more people, and mortgage brokers looking to cut costs and replace legacy pricing technology with Lender Price.
With Lender Price Marketplace 2.0, originators:
- See pricing across existing lenders and marketplace lenders inside one place
- Run rate comparisons and send them to borrowers from anywhere in the world
- Add rate sheets once and the system automatically updates them moving forward
- Gain deeper access to non-QM, non-agency, DSCR and home equity products
- Create custom rate alerts and be alerted when new opportunities arise
- Discover and get access to a deeper set of loan programs
- Find loans that compete with all-cash offers and share them with realtors
- Eliminate monthly costs to price loans and move away from legacy technology
More information about Lender Price and Marketplace 2.0 can be found at https://lenderprice.com/marketplace.
About Union Home Mortgage
Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale, and consumer direct independent mortgage banking company with over 150 branches across the U.S. For eight consecutive years, UHM has been awarded a Top Workplace. With a world-class culture that stands out in the mortgage industry, UHM Partners (employees) are guided by a Code of Conduct that emphasizes respect, open communication, and accountability. UHM is an approved direct lender of Fannie Mae, Freddie Mac, FHA, VA, USDA, and other conforming and non-QM loan products, with over $13 billion in responsible lending per year.
NMLS #2229, NMLS Consumer Access website: www.nmlsconsumeraccess.org. Union Home Mortgage Corp. is an Equal Housing Lender. Loans are available on a fair and equal basis regardless of race, color, national origin, religion, sex, handicap, marital status, sexual orientation, gender identity, familial status (having children under the age of 18), age (if old enough to enter a contract), because income is from public assistance, or because a right was exercised under the Consumer Credit Protection Act. Copyright © Union Home Mortgage Corp. 2023 // 8241 Dow Circle West, Strongsville, Ohio 44136
About Lender Price
Lender Price delivers a cloud-native product and pricing engine (PPE) to top banks, lenders, credit unions, and mortgage brokers. Built on a modern technology stack, our innovative solutions are user-friendly, configurable, and easier to integrate, resulting in improved workflow and pricing efficiencies. Awarded 2022 Technology Provider of the Year by the National Association of Mortgage Brokers and HousingWire TECH100 Winner seven years in a row, our proven pricing and product management platform is assisting the industry by reducing operational costs, enhancing productivity, and increasing profitability. We are committed to helping our clients win more business and uncover additional opportunities through our advanced technology. Visit us at https://lenderprice.com/ for more information.
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