Correspondent Funding Flow Turn Times

All times are approximate and updated daily
  New Submissions Conditions Re-Subs / Suspense
Conforming Loans Government Loans All Loans All Loans
Loan Setup 10/28/2020 10/28/2020 N/A
Underwriting Purchases: 10/21/2020
Refinances: 10/21/2020
Purchases: 10/21/2020
Refinances: 10/21/2020
10/27/2020 10/27/2020
Condo Reviews (Full Reviews)
10/12/2020
N/A 10/20/2020 N/A
DPA Reviews DPA Reviews on new loan submissions average 5 to 7 business days.

 

  Conventional Loans Government Loans All Loans All Loans
Diligence/QC 10/28/2020 10/28/2020 10/28/2020 N/A

 

  CLC Audit Review Conditions
Purchase Funding 10/22/2020 10/28/2020

Last updated on 10/30/2020