United Wholesale Mortgage (UWM)
UWM never deals with borrowers directly. You reach it through an independent mortgage broker, who shops several wholesale lenders. Its 10-K reports $163.4B of 2025 volume, more dollars than Rocket’s $130.4B, which supports its ‘largest by volume’ claim. It is also bringing servicing in-house by the end of 2026, so who handles your payments may change.
Last verified: 2026-10-20
Unscored
Public. Lends only through independent mortgage brokers (wholesale).
Not scored. Not financial advice.
Not financial advice. We describe what companies disclose in their filings. We do not quote rates or recommend a lender. Compare official Loan Estimates before choosing.
At a glance
| Legal entity | UWM Holdings Corporation (NYSE: UWMC) |
| Headquarters | Pontiac, MI |
| Segment | Mortgage lenders |
| Scale (as published) | $163.4B total loan origination volume (2025) |
| Score | Unscored |
What the sources reveal
UWM never deals with borrowers directly. You reach it through an independent mortgage broker, who shops several wholesale lenders. Its 10-K reports $163.4B of 2025 volume, more dollars than Rocket’s $130.4B, which supports its ‘largest by volume’ claim. It is also bringing servicing in-house by the end of 2026, so who handles your payments may change.
Key facts
| Fact | Source | Checked |
|---|---|---|
| Describes UWM as the largest overall residential mortgage lender and the largest purchase lender in the U.S. by closed loan volume, originating exclusively through the wholesale channel (company claim). | source | |
| Total loan origination volume $163,446M in 2025, up from $139,433M in 2024; average loan $388K. | source | |
| Founded in 1986; headquartered in Pontiac, Michigan; public since a Jan 21, 2021 combination with Gores Holdings IV. | source | |
| Building an in-house servicing platform and expects to move substantially all serviced loans to it by the end of 2026. | source | |
| 2025 revenues $3,160.6M; net income $244.0M (XBRL). | source |
Who it’s actually for
- Borrowers who prefer a local broker to shop several wholesale lenders for them.
- Brokers choosing a wholesale partner.
What we could not verify
- Rates, fees and APRs for a given borrower: they change daily and depend on the loan. Compare Loan Estimates instead.
- Broker compensation on a given loan: disclosed on your Loan Estimate, not in the 10-K.
Related
Rocket Mortgage (Rocket Companies) vs United Wholesale Mortgage (UWM) · Lenders, mortgage and title hub · All profiles
Last verified 2026-10-20. Figures were re-read from the linked sources that day.
View changelog
- Profile published from sources read this day.
Sources
- UWM Holdings Corporation Form 10-K for 2025 · accessed 2026-10-20
Corrections: use our contact page.