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UWM Expands VantageScore Into Non-Agency Lending
Summary by National Mortgage Professional Magazine…
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UWM Expands VantageScore Into Non-Agency Lending
United Wholesale Mortgage (UWM) is extending VantageScore eligibility to select non-agency loans, bringing its dual-credit-score approach to jumbo, bank statement, investor, and home equity products where minimum credit-score requirements remain in place.The move extends UWM's push into specialty lending while giving brokers another way to qualify borrowers who may fall short of a program's credit-score threshold under Classic FICO.
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