I am a Broker who offers UWM Conquest.
Not everyone can qualify and this program was something special a month ago, but there may be better rates available with other lenders that I work with, depending on your situation.

There are huge pricing hits for rental properties with EVERY lender.
Fannie Mae & Freddie Mac dictate pricing.
It’s possible to buy the rates down, but you can’t expect any
where near what primary rates are.
Please send a message with your phone number and a good time to reach you. HLS

I don’t have one rate that fits everyone.
It depends on equity, credit score and loan amount.

Conquest is AS LOW AS 2.50%
This rate is not available without a cost.
Yes I have rates below 2.75% with zero cost for certain scenarios.
I have a 2.70% at this moment.
It can change at any time, better or worse.

Having a HELOC or Solar lien complicates a refi.
Call me to discuss your situation. You have my info 🙂

Some of the low internet lenders are jerking people around.
I’m hearing some ugly stories.
One of them requires 50% equity for their lowest teaser rate.
Others don’t deal with self employed.

A large Wholesale only lender came out with a program about a month ago called Conquest that was ahead of the market, with low rates ONLY IF you had not had a loan through them in at least 18 months.
The rates were “as low as” 2.50%, and many people saw ads and assumed this meant there was no cost. It was actually a buy down rate that would cost $7000-$10,000 to get 2.50%

They do not have a retail arm, so only available through brokers who deal with them, which I do (not all brokers do)

In the past month, the market has dropped and Conquest may not be the current best option for many.
There is so much confusion right now, Many people go a bank because that’s who they make their payments to, and are getting rates that are well above what they really should be.
Real rates change a bit every day and most people have no idea what they can/cannot qualify for.

Everyone know the #1 largest mortgage advertiser is and their rates are normally terrible, but they do the most loans.
I deal with their wholesale branch, and can offer extremely competitive rates that have nothing to do with their Retail rates.
It’s a different division.

The bottom line is that most people are paying too much in interest
and don’t realize how much they are wasting by not refinancing, whether they pay something OR have Zero cost

Another trick is people being told no cost, but some fees added in that they don’t understand.

Left messages on both numbers provided.
Thank you