Import - AWC
UWM's pricing engine.
What is Easy Qualifier (EQ)?
UWM's closing portal.
What is UClose 3.0?
This feature allows clients to offer customized rates to the thousandth decimal place.
What is Exact Rate?
This option moves the lock from one loan to another.
What is a lock transfer?
This exclusive runs DU and LPA simultaneously and provides an instant comparison.
What is One-Click AUS?
These loan types are eligible to use BOLT.
What are Conventional & FHA loans?
This team member calls the client to inform them their loan is CTC.
Who is the Underwriter II?
A powerful reporting tool that allows clients to customize, generate, and view reports.
What is Insights?
Another name for lock renegotiations.
What is a float down?
Allows clients to Generate the Origination with State/Federal package.
What is EASE Docs 2.0?
During AWC, LOs should upload all ______ to ensure accurate closing costs.
What are Invoices?
POC stands for.
What is Paid Outside of Closing?
This is a DU only program & provides a lender's title insurance waiver.
What is TRAC Lite?
This is the pricing after having to relock.
What is worst-case pricing + 10bps?
The number of exclusives required to achieve an Ultimate Submission for government loans.
What is 3/9?
Part of the loan process after import, but before underwriting.
What is Setup?
Instant funding eliminates the need for this.
What is a Funding Authorization Number (FAN)?
Allows for funds to be at the closing table the morning of signing.
What is Instant Funding?
The pricing loans are subject to after being reinstated after 2 full business days.
What is worst-case pricing?
The positive business impact achieved by using the Ultimate Submission.
What are more referrals and satisfied customers?
Missing income documentation, outdated credit report, missing purchase agreement are all common issues that cause a _______ ________?
What is a Problem Upload?
This app allows borrowers to manage their home loan online.
What is the My UWM Loan app?
A data extraction, auto doc recognition and smart technology to help clients obtain initial approvals in as little as 15 minutes.
What is BOLT?
Available lock periods for lock & shop.
What are 90, 120, 150, 180, 270, & 365 days?
Name 4 of the 9 requirements to achieve an Ultimate Submission.
EASE Docs 2.0, UWM Portal, CD @ Initial UW, Safe Check Complete, Exact Rate, VOI, Appraisal Manager, One-Click AUS, BOLT