conquest mortgage rates are incredibly low right now, and they’re likely to go even lower over the next few years. This is great news for home buyers who are looking to purchase a new house and save money on their monthly payments. However, it’s also important to find a lender you can trust to finance your new home. Use Zillow to search for local lenders and mortgage brokers in Conquest, NY who have a strong track record of customer satisfaction.
United Wholesale Mortgage (UWM) CEO Mat Ishbia unveiled a new mortgage loan program this morning that offers conventional loans at rates below 3%. He called it the “Conquest” mortgage and announced it via Facebook Live. The program is exclusive to mortgage brokers partnered with the nation’s largest wholesale lender.
The program is available for both purchase and refinance transactions and includes conventional loans, FHA and VA options. It also offers a variety of terms, including an 8-year fixed option and a 30-year fixed option. Additionally, borrowers can get a 5% down payment option to avoid PMI, as well as the ability to waive escrows.
In addition to offering a competitive mortgage rate, Conquest Mortgage also promises to provide fast turn times and elite service to its borrowers. The company’s VP of Sales, John Cummings, said in a press release that this is the first time in history that a VA lender has offered rates below 3%.
He added that the goal is to take market share away from Quicken Loans, which has been the #1 mortgage lender in the country for several years now. “We believe we can win back borrowers by offering better pricing and a superior experience,” he said.
Ishbia was careful to note that his program’s rates won’t be the lowest available, and that mortgage rates will always vary based on loan attributes and market conditions. But he said UWM’s flexibility as a wholesale lender allows it to offer mortgages at rates below the competition.
The company provides hard money bridge loans and private funding for real estate investors throughout Philadelphia, Allentown, Scranton, and Harrisburg. They specialize in lending to residential and commercial properties, and their loans range from $50,000 to $500,000. They also provide a variety of funding options, including hard money refinance loans. Their rates are significantly lower than the industry average, and they can offer up to 65% LTV. This enables property owners to maximize their buying power and make the most of their investment opportunities.