How to submit a loan to UWM?
A step-by-step guide on how to submit a loan to UWM
- These steps are unique to UWM.
- Your Branch and Contact options will sync from the UWM credentials you entered in your profile.
- Sphere would not know which Branch or Contact to choose. Please consult your UWM AE for which option(s) to choose.
- Access the loan you wish to submit
- The following must be present in the file to submit otherwise you will receive a hard stop error.
- Borrower(s) SSN
- Subject property address
- Appraised Value
- Loan Amount
- Credit Score
- Program
- Note Rate
- Estimate Closing Date (Overview > Interviewer Details)
- Loan Officer assignment (Overview > Assignments)
- Navigate to the Overview > Wholesale Lender Information
- Click Edit
- Choose UWM from the drop-down
- Choose Branch
- Choose Contact
- Click Register With Lender
- A list of fees that Sphere maintains on the backend will appear. You can accept them by clicking the save button or remove them with the red trashcan icon.
- Once the loan is successfully registered a loan number will be returned, the status in the wholesale lender info section will say Completed, and a view option will be available if you wish to be directed to the UWM portal. See screenshot below
- Click Here to see a KB on how to enter your UWM credentials in your profile.
- Click here if you are an admin and need to set UWM to your lender list.