United Wholesale Mortgage Net Worth (Updated 2025).

United Wholesale Mortgage, a prominent name in the mortgage industry, was founded in 1985 by Mat Ishbia. Ishbia, a former college basketball player, started the company in his parents’ basement, driven by his passion for helping people achieve the American dream of homeownership. He began by focusing on wholesale lending, a unique model that connects mortgage brokers with lenders, streamlining the loan process for borrowers.

Initially, United Wholesale Mortgage faced challenges common to startups. However, Ishbia’s relentless work ethic and commitment to exceptional customer service helped the company build a strong reputation. By the late 1990s, United Wholesale Mortgage had established itself as a trusted name in the industry, expanding its services to include retail lending and becoming a direct lender. This strategic growth positioned the company to become one of the largest mortgage lenders in the United States.

United Wholesale Mortgage’s Current Net Worth (2025)

As of 2025, United Wholesale Mortgage’s current net worth was estimated to be around $10.5 billion. This significant figure reflects the company’s strong financial health and growth in the mortgage industry.

Career

Founded in 1985, United Wholesale Mortgage (UWM) has grown from a small mortgage brokerage to the leading wholesale and correspondent mortgage lender in the U.S. Headquartered in Pontiac, Michigan, UWM has consistently ranked as the top wholesale lender by Inside Mortgage Finance.

Other Ventures

In addition to its core mortgage lending business, UWM has ventured into other areas. It offers a range of services, including mortgage servicing, loan origination technology, and mortgage insurance. UWM also provides support to independent mortgage brokers through its UWM Wholesale and UWM Correspondent divisions.

Assets

As of 2021, UWM’s total assets were reported to be approximately $47 billion. This includes investments in mortgage servicing rights, mortgage-backed securities, and other financial assets. The company’s extensive asset portfolio reflects its robust financial position and capacity for growth.

Annual Income

United Wholesale Mortgage’s annual income has seen steady growth over the years. In 2021, the company’s total revenue reached $14.8 billion, a significant increase from the previous year. This growth can be attributed to the company’s strong market presence, innovative technology, and exceptional customer service.

Frequently Asked Questions about  United Wholesale Mortgage

Frequently Asked Questions: United Wholesale Mortgage Net Worth

1. What is United Wholesale Mortgage?

United Wholesale Mortgage (UWM) is a mortgage lending company based in Pontiac, Michigan. It is one of the largest wholesale mortgage lenders in the United States, providing mortgage loans to borrowers through a network of independent mortgage brokers and correspondents.

2. When was United Wholesale Mortgage founded?

UWM was founded in 2013 by Mat Ishbia, who currently serves as the company’s President and CEO.

3. How does United Wholesale Mortgage make money?

UWM makes money by originating and servicing mortgage loans. It generates revenue through interest payments on loans, as well as various fees associated with the origination process, such as loan origination fees and discount points.

4. What is United Wholesale Mortgage’s business model?

UWM operates on a wholesale lending model, which means it partners with independent mortgage brokers and correspondents to originate loans. These partners submit loan applications to UWM, which then underwrites and funds the loans. UWM also services the loans, collecting payments and managing the loan portfolio.

5. How many employees does United Wholesale Mortgage have?

As of 2021, UWM employs over 6,000 people across the United States.

6. What is United Wholesale Mortgage’s net worth?

As of the latest estimates, United Wholesale Mortgage’s net worth is approximately $30 billion.

7. What is the stock ticker symbol for United Wholesale Mortgage?

United Wholesale Mortgage is a privately held company and is not publicly traded on any stock exchange. Therefore, it does not have a stock ticker symbol.

8. Who is the CEO of United Wholesale Mortgage?

Mat Ishbia is the President and CEO of United Wholesale Mortgage. He founded the company in 2013.

9. What is the headquarters address of United Wholesale Mortgage?

The headquarters of United Wholesale Mortgage is located at 3000 W. Big Beaver Rd., Suite 200, Troy, MI 48084.

10. How does United Wholesale Mortgage compare to other mortgage lenders in terms of size and market share?

UWM is one of the largest wholesale mortgage lenders in the United States. In terms of market share, it consistently ranks among the top wholesale lenders in the country, according to industry reports. However, it is important to note that the mortgage lending industry is highly competitive, and market share can fluctuate based on various factors, such as interest rates and economic conditions.