Key facts
- UWM said the incentive adds 40 basis points to agency and nonagency products through December 31.
- Borrowers must have a credit score of at least 700 and brokers must use Underwriting+, TRAC+ or virtual closing.
- UWM said it is expanding its Bilt partnership to bring Bilt Neighborhood OS into its servicing ecosystem.
- UWM chairman, CEO and president Mat Ishbia said competitors offering lower rates are not good partners.
- Bilt said it has delivered more than $1 billion in value to its 8 million members.
United Wholesale Mortgage announced a year-end pricing incentive for broker loans and an expansion of its partnership with Bilt in the week of November 9, 2026, according to a HousingWire report published November 12, 2026.
Under the program, called 40 to the Finish, brokers who use UWM's Underwriting+, TRAC+ or virtual closing tools receive 40 basis points on all agency and nonagency products when the borrower has a credit score of at least 700, UWM said. The incentive runs through December 31 and is intended to give brokers more pricing flexibility in the final weeks of 2026 while encouraging use of the lender's underwriting and closing technology, the report said.
UWM, which the report said is seeking to deleverage its balance sheet amid a deal with Oaktree Capital Management and the Ishbia family, reported gain-on-sale margins of 124 basis points in the third quarter, down from 133 basis points in the second quarter. UWM chairman, CEO and president Mat Ishbia told analysts he expects margins to be steady, adding that "people don't use UWM because we're the lowest rates" and arguing that competitors offering lower rates are not good partners.
Separately, UWM said it is expanding its partnership with Bilt to bring Bilt Neighborhood OS into its servicing ecosystem. The product links mortgage servicing with homeownership tasks and local commerce while keeping independent brokers visible to borrowers after closing, according to the report. Ishbia said in a statement that "the broker who helps you buy your home should be your first call when you're ready to take the next step, whether that's refinancing, accessing equity or buying again."
UWM already services hundreds of thousands of loans through Bilt, the report said. Bilt said it has delivered more than $1 billion in value to its 8 million members and that it powers one in four U.S. rental homes, primarily through the Bilt Alliance of large owners and operators.