Correspondent Funding Flow Turn Times

All times are approximate and updated daily
  New Submissions Conditions Re-Subs / Suspense
Loan Setup 06/05/2025 06/05/2025 N/A
Underwriting 06/03/2025 06/04/2025 06/04/2025
Project Reviews (Full Reviews) 06/03/2025 06/05/2025 N/A
SmartSelf Initial
Income Calculations
Review averages 48 hours
Smart Series
Underwriting Submission 
Initial Decision 72 - 96 hours
DPA Reviews DPA Reviews on new loan submissions average 5 to 7 business days.
PFA Reviews 06/02/2025

 

  All Loans Conditions
Diligence/QC 06/04/2025 06/05/2025

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  CLC Audit Review Conditions
Purchase Funding 06/03/2025 06/06/2025

Last updated on June 6, 2025