I am a mortgage broker who deals with UWM. Conquest program is good for those who qualify. 22 days is correct, without extension costs.
2.50% is available, it costs thousands of dollars.
3.00% is also available, but has a cost today, depending on loan amount.
There is no one rate that fits everyone.
Rate/pricing changes a bit everyday.
UWM is wholesale only and does not have a retail channel.
UWM does not waive appraisals for being “financially sound”
Fannie Mae/Freddie Mac determine whether there is an appraisal waiver on a file.
GZZ I have done multiple loans at one time, but each loan is a separate file. Paperwork is only required once. Only one credit report is required. they all must close at the same time.
It may not be in your best interest to have all loans go to the same lender.
FYI: Hard inquiries on a credit report are almost meaningless.
Unless someone is getting hard inquiries month after month, an occasional inquiry will not affect a credit score
