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Initial Review
Condition Clearing
Collateral Review
Agency / Investor
Conv – Gov’t – HFA – Bayview Conforming – AIP
Jumbo
Jumbo AUS – Jumbo Plus AUS – Jumbo ARMs
Non-Agency
Bank Statement – DSCR
4 days
8 days
8 days
2 days
3 days
3 days
3 days
3 days
3 days
*All turn times are approximate.
TURN TIMES ARE BASED ON RECEIPT OF LOAN IMAGES AND ULDD (.XML) DATA FILE (WHEN APPLICABLE). Initial review: Number of business days from file receipt date to completion of the credit and compliance review. Condition Review: Number of business days from trailing document receipt date to the completion of the condition review. Collateral Review: Number of business days from collateral receipt date to the completion of the custodian’s collateral review.
All Agency products are offered through Lakeview Loan Servicing, LLC. NMLS #391521, 4425 Ponce de Leon Blvd, MS 5-251, Coral Gables, FL 33146. All Non-Agency/Jumbo products are offered through Community Loan Servicing, LLC. NMLS #2469, 507 Prudential Road, Horsham, PA 19044, Both are Equal Housing Lenders. All Programs referenced herein are offered to qualified residential lending institutions only and are not applicable to the general public and/or individual consumers. www.nmlsconsumeraccess.org