Mat Ishbia

United Wholesale Mortgage

Mat Ishbia is president and CEO of United Wholesale Mortgage (UWM), a leading wholesale mortgage lender.

According to Ishbia, while many people have adopted a “do it yourself” mentality in today’s technology era, a brokerage is the best place for a borrower to obtain a loan, the best place for a real estate agent to refer a loan, and the best place for a loan originator to work. When it comes to getting a mortgage, the importance of people should not be overlooked. Ishbia believes many homebuyers fail to recognize the importance of working with professionals who have years of knowledge and experience to guide them through the process.

Ishbia has led UWM through technological advances and the development of partnerships to strengthen the mortgage broker channel, and the company has grown at a faster pace than many retail lenders in the past year. The company offers instant funding on all of its loans to speed up the home-buying process, as well as no-cost appraisals. In addition, borrowers can lock in an interest rate before making an offer on a property, which means customers do not need to worry about rates changing, and REALTORS® know a prospective buyer has been pre-approved.