Memorial Day Closing
Dear Licensed Partner,
In observance of Memorial Day, Sun West will be closed for business onÂ Monday, May 26, 2014.PleaseÂ refer to the revised Lock Desk and Trading Desk hours as mentioned in the schedule below.
â€˘Â Monday, May 26, 2014Â does not count as a business day towards rescission and disbursement. For example, if the borrower signed the closing documents onÂ May 23, 2014, the Rescission expires onÂ midnight of May 28, 2014.
â€˘Â Monday, May 26, 2014Â also does not count as a business day towards TIL disclosure timing. For example, if the initial disclosures were mailed out to the borrower onÂ May 21, 2014, the first date available to close will beMay 30, 2014.
â€˘Â There will be no funding onÂ Monday, May 26, 2014.
â€˘Â All lock requests submittedÂ onÂ Monday, May 26, 2014Â will be processed on the following business day and based on that day's market pricing.
If you have any questions, please contact yourÂ Client Relations ManagerÂ atÂ (855) OK-SUNWEST or (855) 657-8693.
Sun West Mortgage Company, Inc.
|This information is provided to licensed wholesale brokers 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.