Memorial Day Closing
Dear Licensed Partner,
In observance of Memorial Day, Sun West will be closed for business on¬†Monday, May 25, 2015.¬†Please refer to the revised Lock Desk and Trading Desk hours as mentioned in the schedule below.
‚ÄĘ¬†Monday, May 25, 2015¬†does not count as a business day towards rescission and disbursement. For example, if the borrower signed the closing documents on¬†May 22, 2015, the Rescission expires on¬†midnight¬†of¬†May 27, 2015.
‚ÄĘ¬†Monday, May 25, 2015¬†also does not count as a business day towards TIL disclosure timing. For example, if the initial disclosures were mailed out to the borrower on¬†May 20, 2015, the first date available to close will be¬†May 29, 2015.
‚ÄĘ There will be no funding on¬†Monday, May 25, 2015.
‚ÄĘ All lock requests submitted on¬†Monday, May 25, 2015¬†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 at¬†(855) OK-SUNWEST¬†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.