{"id":908893,"date":"2026-05-28T13:18:05","date_gmt":"2026-05-28T18:18:05","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/28\/uwm-rolls-out-1-0-buydowns-expands-into-home-equity-lending\/"},"modified":"2026-05-28T13:18:05","modified_gmt":"2026-05-28T18:18:05","slug":"uwm-rolls-out-1-0-buydowns-expands-into-home-equity-lending","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/28\/uwm-rolls-out-1-0-buydowns-expands-into-home-equity-lending\/","title":{"rendered":"UWM rolls out 1-0 buydowns, expands into home equity lending"},"content":{"rendered":"
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Article Summary<\/h2>\n

UWM is covering lender-paid 1-0 temporary buydowns on eligible conventional and government purchase loans via a lender credit through 06\/30\/2026. The lender also launched fixed-rate, fixed-term home equity loans as standalone or piggyback seconds.\u00a0 AI Summary<\/em><\/p>\n<\/div>\n

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United Wholesale Mortgage <\/strong>(UWM) is rolling out free 1-0 temporary rate buydowns on purchase loans alongside a new suite of home equity products aimed at helping brokers retain borrowers.<\/p>\n

Effective immediately, the lender will cover the cost of 1-0 buydowns on both conventional and government purchase mortgages, issuing a credit to fully offset the expense. The offer\u2014available on 8- and 30-year terms\u2014runs through June 30.\u00a0<\/p>\n

Under a 1-0 buydown, the borrower\u2019s payment is calculated as if the interest rate<\/a> were 1 percentage point lower in the first year. UWM\u2019s structure gives borrowers a lower first-year payment at no additional cost to the borrower <\/a>or the broker, with the lender credit covering the buydown.<\/p>\n

Temporary buydowns have been one of the most widely used tools to manage payment shock in a high-rate environment, particularly on purchase loans. By removing the buydown cost, lenders give brokers another concession they can bring to sellers or listing agents and a way to differentiate in a market where rate competition is tight and margins are thin.<\/p>\n

In a separate move, UWM<\/a> also introduced home equity loans, offered as both standalone and piggyback second liens. The products provide a fixed rate and fixed term, funded in a single lump sum.<\/p>\n

The loans allow debt-to-income ratios up to 50%, and range from $25,000 to $500,000. They\u2019re available on primary residences, second homes and investment properties.<\/p>\n

The standalone option targets homeowners looking to tap equity without disturbing a low-rate first mortgage\u2014whether for renovations, debt consolidation or education costs.<\/p>\n

The piggyback structure, meanwhile, can be used at purchase to avoid private mortgage insurance by keeping the first lien within conforming loan-to-value limits, or to sidestep jumbo financing by pairing a conforming first with a second lien.<\/p>\n

Fl\u00e1via Furlan Nunes reported and wrote this article with drafting assistance from HousingWire Automation, an editorial tool that helps transform announcements and industry data into HousingWire-style news coverage.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n

Fl\u00e1via Furlan Nunes, HousingWire Automation
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article Summary UWM is covering lender-paid 1-0 temporary buydowns on eligible conventional and government purchase loans via a lender credit through 06\/30\/2026. The lender also launched fixed-rate, fixed-term home equity loans as standalone or piggyback seconds.\u00a0 AI Summary United Wholesale Mortgage (UWM) is rolling out free 1-0 temporary rate buydowns on purchase loans alongside a<\/p>\n","protected":false},"author":1,"featured_media":908894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149817,2419],"tags":[149816,6002],"class_list":["post-908893","post","type-post","status-publish","format-standard","has-post-thumbnail","category-buydowns","category-rolls","tag-buydowns","tag-rolls"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/908893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=908893"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/908893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/908894"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=908893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=908893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=908893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}