Correspondent Funding Flow Turn Times

All times are approximate and updated daily
  New Submissions Conditions Re-Subs / Suspense
Loan Setup 07/02/2025 07/02/2025 N/A
Underwriting 07/01/2025 07/01/2025 07/01/2025
Project Reviews (Full Reviews) 06/30/2025 07/02/2025 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 07/01/2025

 

  All Loans Conditions
Diligence/QC 07/01/2025 07/02/2025

 

  CLC Audit Review Conditions
Purchase Funding 06/30/2025 07/03/2025

Last updated on July 3, 2025