Lock Desk and Trading Desk Closure Notification
Dear Licensed Partner,
Sun West will be open for business on Friday, March 25, 2016. However, in observance of the Easter holiday, please note the following schedule:
â€˘ Friday, March 25, 2016 does count as a business day towards disbursement. For example, if the borrower signed the closing documents on March 23, 2016, the Rescission expires on midnight of March 26, 2016.
â€˘ Friday, March 25, 2016 also does count as a business day towards waiting period associated with Loan Estimate/Closing Disclosure. For example, if the initial Closing Disclosure was received by the borrower on March 24, 2016, the first date available to close will be March 28, 2016.
â€˘ Funding Department will continue to operate as usual on Friday, March 25, 2016.
â€˘ All lock requests submitted onÂ Friday, March 25, 2016Â will be processed on the following business day and based on that day's market pricing.
If you have any questions, please contact your Client Relations Manager atÂ (855) OK-SUNWESTÂ or (855) 657-8693.
This information is provided to licensed brokers/lenders only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice.