Correspondent Funding Flow Turn Times

All times are approximate and updated daily
  New Submissions Conditions Re-Subs / Suspense
Loan Setup 01/16/2025 01/16/2025 N/A
Underwriting 01/16/2025 01/15/2025 01/15/2025
Project Reviews (Full Reviews) 01/15/2025 01/16/2025 N/A
SmartSelf Initial
Income Calculations
Review averages 48 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 01/10/2025

 

  All Loans Conditions
Diligence/QC 01/16/2025 01/16/2025

 

  CLC Audit Review Conditions
Purchase Funding 01/16/2025 01/17/2025

Last updated on January 17, 2025