UWM, Google Cloud Partner To Supercharge Mortgage AI

United Wholesale Mortgage is partnering with Google Cloud to modernize the mortgage lending industry through the use of artificial intelligence.

The companies will collaborate by combining Google Cloud’s AI and data analytics with UWM’s “expertise in innovative lending technical solutions” to streamline the borrowing process.

“We are incredibly proud to enter into this transformative partnership with Google Cloud as it is a major step forward in our mission to make the mortgage process faster, easier, and cheaper,” said UWM CEO Mat Ishbia.

UWM will integrate Google Cloud AI and machine learning tools into its lending platform for underwriting automation, document processing, and AI chat features. It will also explore the use of the Cloud infrastructure to improve scalability and security.

Company leaders say Google’s Gemini Flash 1.5 model increases underwriting capacity from six loans a day to 14.

“This agreement signals two industry leaders coming together to tackle the mortgage industry’s biggest challenges and deliver innovative solutions,” said Thomas Kurian, CEO of Google Cloud. 

“United Wholesale Mortgage is at the bleeding edge of generative AI in the mortgage space, and together we are reimagining the home financing journey, making it more efficient and faster for mortgage brokers and homebuyers.”

Additional details on specific technology integrations and new product offerings will be announced in the coming months.

Google Cloud provides a fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models, and development platform, according to company leaders.

UWM’s relationship with Google Cloud goes back four years, when the tech giant built UWM’s Bolt underwriting platform, HousingWire reported.

UWM Holdings Corporation announced in February that its loan origination volume in 2024 was $139.4 billion, up from $108.3 billion in 2023.