Correspondent Funding Flow Turn Times

All times are approximate and updated daily
  New Submissions Conditions Re-Subs / Suspense
Loan Setup 02/20/2025 02/20/2025 N/A
Underwriting 02/19/2025 02/19/2025 02/19/2025
Project Reviews (Full Reviews) 02/18/2025 02/20/2025 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 02/13/2025

 

  All Loans Conditions
Diligence/QC 02/20/2025 02/20/2025

 

  CLC Audit Review Conditions
Purchase Funding 02/21/2025 02/21/2025

Last updated on February 21, 2025