Zero Down Payment Home Purchase Program

Recent Trends in Loan Interest Rates

Since May, loan interest rates have been steadily declining, returning to levels seen at the end of March. The most significant drop occurred after the Consumer Price Index (CPI) was released on May 15, hitting the lowest point in recent months. Although there has been a slight increase in loan interest rates in the past few days, they remain better than the overall level of the past 30 days. In the short term, mortgage interest rates are not expected to experience significant fluctuations. While there may be slight increases on some days and slight decreases on others, the overall trend is expected to remain relatively stable.

UWM Launches Zero Down Payment Home Purchase Program

Last week, United Wholesale Mortgage (UWM) introduced a zero down payment home purchase program aimed at helping more low-income families achieve their dream of homeownership. Applicants must have an income below 80% of the area's median income. This program is specifically designed for purchasing primary residences, eliminating the down payment requirement and significantly lowering the barrier to homeownership. For more details, please refer to my blog post.

Simplify Your Refinancing with UWM's TRAC+ Service

In today's busy life, simplifying processes is a dream for many borrowers. The TRAC+ service is designed to do just that. United Wholesale Mortgage (UWM) will handle all title reviews and closing processes, eliminating the need for you to interact with title companies or escrow agents. The service comes with a flat fee of $1,850, with no additional escrow agent fees. Additionally, there are incentive rewards bps available. Currently, this service is limited to refinancing. For more details, please refer to my blog post.

Biao Yang

Phone/Text: 248-421-5469

Wechat: yangbiao2707

Email: [email protected]

Website: yangmortgage.blogspot.com