Ultimate Submission
What is the process of sending out the initial Closing Disclosure early in the underwriting process?
What is CD at Initial?
This AI-powered tool provides instant access to guidelines, matrices, and UWM technology information.
What is ChatUWM?
This UWM acronym stands for "Title Review And Closing" and changes how title review and closing are handled.
What is TRAC?
This online Learning Management System offers quick training videos for UWM partners.
What is UWM Partner Academy?
How many points do you need to achieve PRO Elite status?
What is 70+ points?
Using this will automatically give you credit for an Ultimate Loan Submission.
What is PA+ (Processor Assist Plus)?
This specific ChatUWM feature allows users to drag and drop a competitor's Loan Estimate to get analysis and winning tips.
What is LE Optimizer (LEO)?
UWM covers the cost of hard credit report pulls for broker partners, passing the cost to the borrower if the loan closes.
What is UWM Free Credit Report?
This UWM platform allows external clients to sign up for training classes on how to best utilize tools and work with UWM.
What is Success Track?
What 4 things can you earn by utilizing pro rankings?
What are Faster turn times, CYP bps, Lock extensions and Increased visibility on Mortgage Matchup?
What UWM tool helps avoid principal reductions and allows for note rates in thousandths to get a tailored rate for borrowers?
What is Exact Rate?
This unique ChatUWM feature allows users to get AI-generated responses specific to the page they're on.
What is ChatUWM Assist?
This UWM feature allows borrowers to choose any loan term between 8-30 years.
What is Flex Term?
This UWM program helps individuals go from unlicensed to a licensed mortgage loan originator (MLO) in just 5 weeks.
What is BrokerX?
What UWM exclusive service allows loan originators to send personalized thank-you items to borrowers and real estate agents, earning up to 10 PRO Ranking points?
What is a Memory Maker?
These two loan types are automatically credited for Ultimate Loan Submission.
What are VA IRRRLs and FHA Streamlines?
An automated, income-verified underwriting system that obtains an initial approval letter.
What is BOLT?
This Flex Term feature allows borrowers to pick the exact number of days they want to lock in a loan.
What is Custom Rate Lock?
What UWM platform helps connect broker network to prospective clients and determines broker visibility based on PRO Ranking criteria?
What is Mortgage Matchup?
What UWM service provides a tri-merge soft credit check and a hard credit report, which can be reimbursed at closing?
What is Safe Check Complete?
An AI-driven communication assistant designed to help UWM partners with communication and customer engagement.
What is Loan Officer Assistant (LOA)? also known as MIA
What UWM service offers a virtual closing process where borrowers e-sign documents, answer identity verification questions, and complete a notary session?
What is TRAC+?