#United States #Union Home Mortgage #Non-QM Loans #Strongsville #UHM Platinum

Union Home Mortgage Expands Offerings with UHM Platinum

Union Home Mortgage (UHM), a prominent independent mortgage banking company, has officially launched its UHM Platinum product suite, aimed at enhancing investment opportunities for a diverse client base. By focusing on the growing non-Qualified Mortgage (non-QM) sector, UHM is strategically positioning itself to leverage the increasing demand for alternative loan options.

Headquartered in Strongsville, Ohio, UHM has been recognized for its rapid growth and innovative approach in the mortgage sector. The UHM Platinum suite provides a variety of mortgage products tailored for investors, accommodating both seasoned and new clients looking to expand their portfolios. This launch comes in response to the shifting market dynamics and the evolving needs of consumers seeking flexibility and diverse investment strategies.

Features of UHM Platinum

The new suite includes several key offerings that are expected to resonate with investors, including:

• - Non-QM Options: Unlike traditional QM loans, non-QM products allow for greater leniency in credit requirements and income verification processes, providing more avenues for investor financing.
• - Bank Statement Loans: Ideal for self-employed borrowers or those with non-traditional income sources, these loans allow applicants to use their bank statements to qualify, instead of standard income documentation.
• - Debt-Service Coverage Ratio (DSCR) Loans: Geared towards real estate investors, these loans evaluate the income generated by the property rather than the borrower's personal income, offering a unique path to financing.

CEO Bill Cosgrove expressed confidence in the future of the UHM Platinum product suite, stating, "Union Home has seen remarkable growth in our non-QM business. This launch aligns with a larger trend in the mortgage industry, where non-QM financing is becoming increasingly essential to meet consumer demands."

Strategic Relationships and Support

A core aspect of Union Home Mortgage's strategy is its emphasis on cultivating strong relationships with clients and partners. The company’s approach ensures that customers receive personalized support and expert guidance throughout the mortgage process. The UHM Platinum suite is designed to be flexible, adapting over time to meet the changing needs of the investment landscape.

Union Home Mortgage is committed to continuous expansion of its product offerings, promising that the UHM Platinum suite will evolve to further accommodate the complexities of real estate investing and borrowing. UHM's commitment to providing tailored solutions underlines its focus on high-quality service and customer satisfaction, hallmarks of its brand identity.

About Union Home Mortgage

As a full-service independent mortgage lender, Union Home Mortgage operates nationwide, with a presence in 48 states and Washington, D.C. The company has earned a reputation for exceptional customer service, driven by innovative technology and a collaborative corporate culture. UHM is privately held and values the principles of respect, open communication, and accountability amongst its team members, which translates into high customer retention rates.

UHM has received numerous awards for its workplace culture, including recognition as one of USA Today’s Top Workplaces and being named a Top Workplace in Northeast Ohio for over a decade.

For more information about UHM and their new Platinum product offerings, visit their website at www.uhm.com.