Following a record-breaking year of mortgage loan production in 2018, United Shore in Pontiac today announced plans to hire more than 800 people this year. The company is the No. 1 wholesale lender and a Top-3 overall mortgage lender in America.
While positions are open across the board, the majority of United Shore’s hiring will be in underwriting, operations, and information technology.
“United Shore is hitting on all cylinders right now, and we expect to substantially grow in the next 12 to 18 months on our way to becoming the No. 1 overall mortgage lender in America,” says Mat Ishbia, president and CEO of United Shore. “There’s a lot of excitement at our company right now, and a lot of great people who enjoy being a part of a championship culture and striving to accomplish something special.”
The latest growth boom at United Shore is due to an increase of its mortgage broker channel, where the majority of the mortgage market is defined as “purchase business.” The sector has been the specialty of the company’s primary business unit, United Wholesale Mortgage (UWM).
UWM’s great partnership tools, pricing, service and technology have all played a major role in UWM seeing significant growth in January, which is traditionally a slower month in the mortgage business.
“We have almost 3,000 team members focused on helping hundreds of thousands of consumers get the best rate and a great deal on their mortgage, and we’re proud to partner with independent mortgage brokers throughout America to help people achieve their dreams of homeownership,” Ishbia says.
UWM closed a company-record $41.5 billion in loans in 2018, a 41 percent increase from its previous record of $29.5 billion in 2017. The company has added more than 2,000 people in the last five years.
UWM has been the No. 1 wholesale lender in America for four years, and this year grew to be the nation’s fourth-largest overall lender. UWM outperformed big banks and retail lenders to generate the second-most purchase loan volume in the country for the past two years, trailing only Wells Fargo. Now, UWM aims to grow to become the No. 1 overall lender in America.
United Shore moved into its new state-of-the-art headquarters in Pontiac last summer, a 600,000-square-foot building sitting on a 60-acre campus that features a full-size indoor basketball court, a fitness center, an arcade, a salon, and a doctor’s office, among others.
Founded in 1986, United Shore is home to United Wholesale Mortgage (UWM), the #1 wholesale mortgage lender in America. United Shore underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks, and local credit unions.
To browse career opportunities at United Shore, visit www.unitedshore.com/beyouhere.