Program Name | Loan Purpose | Initial Underwrite Time* | Condition Resolution Time | Funding |
---|---|---|---|---|
Conventional | Purchase | 1/18/2021 | 3 Business Days | 1 Business Day |
Refinance | 1/18/2021 | 6 Business Days | 1 Business Day | |
FHA | Purchase | 1/18/2021 | 3 Business Days | 1 Business Day |
Streamline Refinance | 1/15/2021 | 2 Business Days | 1 Business Day | |
All Other Refinances | 1/18/2021 | 6 Business Days | 1 Business Day | |
VA | Purchase | 1/18/2021 | 3 Business Days | 1 Business Day |
IRRRL | 1/18/2021 | 3 Business Days | 1 Business Day | |
Cash-Out Refinance | 1/18/2021 | 5 Business Days | 1 Business Day | |
USDA | Purchase | 1/8/2021 | 2 Business Days | 1 Business Day |
Refinance | 1/5/2021 | 3 Business Days | 1 Business Day | |
HECM | 1/18/2021 | 3 Business Days | 1 Business Day | |
Non-Conforming | 11/9/2020 | 4 Business Days | 1 Business Day |
Average response time last business day | 14 seconds |
Shortest response time last business day | 4 seconds |
% of calls responded within 10 secs | 71.51% |