Attention Valued Brokers!
Effectively immediately – URW is pleased to announce new enhancements to our Edge Jumbo Hybrid Arms!

  • Primary Residence and Second Homes now eligible!
  • Minimum loan amounts as low as $500,000!

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1) Arm Features include

  • 5/6, 7/6 and 10/6 ARMS, fully amortizing, 30 year only
  • Caps: 2/1/5 – 5/6 ARM
  • Caps: 5/1/5 allowed on 7/6, 10/6 ARM
  • Index: SOFR (30 Day Average)
  • Margin: 2.75
  • Floor: 2.75
  • No Conversion Option
  • Assumable
  • Qualifying Rate:
    • 5/6 ARMs qualify with the greater of the fully indexed rate or the Note rate 2%.
      • URW will allow for Rebuttable Presumption (HPCT) on 5/6 ARMS. Note: Rebuttable Presumption = APR less than or equal to 2.25% above the applicable APOR.
    • 7/6, 10/6 ARMS qualify with the greater of the fully indexed rate or the Note rate.

2) Max DTI for all ARM loans is 43%.

3) No exceptions are permitted on ARMs.

4) Primary Residence and Second Homes.

5) NOTE: ARMs not available on Edge 90, Edge AUS, or Edge Agency.

6) Minimum loan amounts as low as $500,000.