UWM’s Alex Elezaj on housing affordability and helping brokers in this market
HousingWire Daily
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Aiding Lower Income Borrowers and Empowering Independent Brokers in the Mortgage Industry
The chapter explores a program offering 3% assistance, up to $15,000, for down payments to help lower income borrowers. It discusses how this initiative benefits independent brokers, debunking myths about down payments, and emphasizes the importance of educational initiatives and partnerships in the real estate market. The chapter also touches on efforts by the Biden administration to address affordability issues in mortgage processes and how UWM focuses on streamlining operations to make homes more affordable.
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