The integration will focus on streamlining underwriting, automating document processing, and offering AI-driven chat support for both mortgage brokers and borrowers.

Oliver Parker, Google Cloud’s VP of AI, noted that the partnership is transitioning from experimental phases to scalable applications that deliver real value in the mortgage sector.

In a competitive landscape, rivals such as Rocket Companies and Mr. Cooper are also investing significantly in AI to enhance operational efficiency and reduce costs.

The partnership has been in development since UWM's Bolt underwriting platform was first established with Google Cloud four years ago.

Bressler highlighted that UWM brokers will benefit from clearer insights into submissions and borrower qualifications, potentially saving homeowners thousands of dollars each year.

Both UWM and Google Cloud are dedicated to fostering innovation and empowering mortgage brokers with smarter solutions, with additional details on technology integrations expected in the coming months.

This announcement comes amid heightened competition in the mortgage industry, particularly between UWM and Rocket Companies, which has made notable acquisitions recently.

Mat Ishbia, UWM's president and CEO, emphasized that this collaboration represents a significant advancement in making the mortgage process faster, easier, and more cost-effective.

UWM's existing tool, ChatUWM, already assists mortgage brokers by offering quick access to lender guidelines and facilitating client communication.

United Wholesale Mortgage (UWM) has announced a strategic partnership with Google Cloud aimed at enhancing its lending platform through artificial intelligence and cloud computing.

The collaboration will leverage data-driven insights to provide personalized loan recommendations, aligning mortgage products more closely with borrower needs.

Further details about UWM's specific product offerings and the integration of Google technology into its services will be disclosed in the upcoming months.