Correspondent Funding Flow Turn Times

All times are approximate and updated daily
  New Submissions Conditions Re-Subs / Suspense
Loan Setup 04/18/2024 04/18/2024 N/A
Underwriting 04/17/2024 04/17/2024 04/17/2024
Project Reviews (Full Reviews) 04/15/2024 04/17/2024 N/A
SmartSelf Initial
Income Calculations
Review averages 96 hours
Smart Series
Underwriting Submission 
Initial Decision 48 hours / Clear to Close Review 72 hours
DPA Reviews DPA Reviews on new loan submissions average 5 to 7 business days.
PFA Reviews 04/15/2024

 

  All Loans Conditions
Diligence/QC 04/16/2024 04/18/2024

 

  CLC Audit Review Conditions
Purchase Funding 04/18/2024 04/19/2024

Last updated on April 19, 2024