| Program Name |
Loan Purpose |
Currently Underwriting files with complete submission received on |
Condition Resolution Time |
Funding |
| Conventional |
Purchase |
10/29/2020 |
8 Business Days* |
1 Business Day |
| Refinance |
10/12/2020** |
12 Business Days |
1 Business Day |
| FHA |
Purchase |
10/26/2020 |
12 Business Days* |
1 Business Day |
| Streamline Refinance |
10/29/2020 |
5 Business Days* |
1 Business Day |
| All Other Refinances |
08/24/2020 |
12 Business Days |
1 Business Day |
| VA |
Purchase |
10/29/2020 |
10 Business Days* |
1 Business Day |
| IRRRL |
10/29/2020 |
3 Business Days |
1 Business Day |
| Cash-Out Refinance |
10/29/2020 |
12 Business Days |
1 Business Day |
| USDA |
Purchase |
10/15/2020 |
10 Business Days* |
1 Business Day |
| Refinance |
10/28/2020 |
6 Business Days |
1 Business Day |
| HECM |
10/29/2020 |
4 Business Days |
1 Business Day |
| Non-Conforming |
10/29/2020 |
6 Business Days |
1 Business Day |
Note: 1. * * Conventional loan files which requires expert underwriter review are excluded from mentioned turn time.
2. * If condition requires expert review then turn time will be different from what is posted above.