Correspondent Funding Flow Turn Times

All times are approximate and updated daily
  New Submissions Conditions Re-Subs / Suspense
Loan Setup 06/13/2024 06/13/2024 N/A
Underwriting 06/12/2024 06/13/2024 06/13/2024
Project Reviews (Full Reviews) 06/10/2024 06/12/2024 N/A
SmartSelf Initial
Income Calculations
Review averages 96 hours
Smart Series
Underwriting Submission 
Initial Decision 48 - 72 hours / Clear to Close Review 72 hours
DPA Reviews DPA Reviews on new loan submissions average 5 to 7 business days.
PFA Reviews 06/11/2024

 

  All Loans Conditions
Diligence/QC 06/12/2024 06/13/2024

 

  CLC Audit Review Conditions
Purchase Funding 06/13/2024 06/13/2024

Last updated on June 14, 2024