UWM Holdings Corporation announced its fourth quarter and full-year 2024 financial results. The company reported total loan origination volume of $38.7 billion in Q4 2024 and $139.4 billion for the full year. Net income for Q4 2024 was $40.6 million, while full-year net income reached $329.4 million.

Chairman and CEO Mat Ishbia highlighted the company’s ability to adapt to challenging market conditions, emphasizing record purchase production and a significant increase in refinance volume compared to 2023. The company's total gain margin for Q4 was 105 basis points, while the full-year gain margin improved to 110 basis points.

Other key financial highlights include an adjusted EBITDA of $118.2 million for Q4 and $459.9 million for the full year. UWM ended Q4 with approximately $2.5 billion in available liquidity. The company also announced a cash dividend of $0.10 per share, payable on April 10, 2025, to shareholders of record on March 20, 2025.

Looking ahead, UWM expects first-quarter 2025 production in the range of $28 to $35 billion, with a gain margin of 90 to 115 basis points. The company continues to focus on innovation, technology, and strengthening its mortgage broker partnerships.