Correspondent Funding Flow Turn Times

All times are approximate and updated daily
  New Submissions Conditions Re-Subs / Suspense
Loan Setup 03/26/2025 03/26/2025 N/A
Underwriting 03/25/2025 03/25/2025 03/25/2025
Project Reviews (Full Reviews) 03/25/2025 03/26/2025 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 03/21/2025

 

  All Loans Conditions
Diligence/QC 03/26/2025 03/26/2025

 

  CLC Audit Review Conditions
Purchase Funding 03/26/2025 03/27/2025

Last updated on March 27, 2025