Non-Delegated Turn Times

*All Turn Times Are Approximate

                                        Loan Submission Setup

                                        Underwriting Review

                                        Condition Review

                                        Final Approval and Clear to Close

1 day

3 days

2 days

1 day

(In Average Business Days)

TURN TIMES ARE BASED ON RECEIPT OF LOAN IMAGES (.XML) DATA FILE (WHEN APPLICABLE)

                                        Loan Submission Setup: Number of business days from received date of loan file to completion of loan setup.

                                        Underwriting Review: Number of business days from received date  in underwriting to credit decision.

                                        Condition Review: Number of business days from received date of conditions to completion of condition review.

                                        Final Approval and CTC: Number of business days from received date of conditions to completion of clear to close.

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