United Wholesale growing big-time as lender unveils plans for massive headquarters

Lending

Troy, Michigan-based United Wholesale Mortgage quickly outgrew its current headquarters, as the company’s team member count has increased fivefold since 2010, going from 400 to 2,100.

In order to accommodate its rapidly growing team member count, the top wholesale lender unveiled plans for massive new headquarters (pictured above) in Pontiac, Michigan, a location in the greater Detroit area.

“The wholesale channel is growing at an explosive rate and our clients are growing at an even faster clip,” said Mat Ishbia, president and CEO of UWM. “This move will allow us to keep pace, expand our operations and continue to deliver the great service and industry-leading turn times that our clients have come to expect.”

For starters, the new headquarters is more than double the current office space, coming in at 600,000 square feet and nearly 60 acres of campus.

The new location will feature some similar physical amenities to the current headquarters, such as a doctor’s office, fully equipped-gym and Starbucks. But, it also includes some new perks for team members, including a full-length indoor basketball court, outdoor volleyball court and bicycle-sharing program with bike and jogging paths within the campus.

And to fit all the growing number of team members, UWM also is adding a 1,000-person auditorium and outdoor sunken amphitheater.

While the company sits around 2,100 team members right now, they’ll have a 3,500-spot parking lot, leaving some room for even more growth.

UWM plans to move its corporate headquarters in the summer of 2018, with all team members continuing to work out of a single location.

“The new headquarters will create a more dynamic and collaborative work environment to maximize our team members’ performance, all under one roof and one campus,” Ishbia said. “We will be able to grow our team considerably, adding key depth in operations and technology that will allow us to further our industry-leading technology and service initiatives.”

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