Questions? Feedback? powered by Olark live chat software
NON-DELEGATED UNDERWRITING REVIEW
Unlocked Conforming 1 Business Day (Purchase)
1 Business Day (Refinance)
Locked Conforming 1 Business Day (Purchase)
1 Business Day (Refinance)
Government 2 Business Days (Purchase)
2 Business Days (Refinance)
Laguna & Manhattan 2 Business Days (Purchase)
2 Business Days (Refinance)
Newport, Sunset, Venice & Zuma 2 Business Days (Purchase)
2 Business Days (Refinance)
NON-DELEGATED CONDITION REVIEW
Locked Conforming 1 Business Day (Purchase)
1 Business Day (Refinance)
Unlocked Conforming 1 Business Day (Purchase)
2 Business Days (Refinance)
Government 1 Business Day (Purchase)
2 Business Days (Refinance)
Laguna & Manhattan 2 Business Days (Purchase)
2 Business Days (Refinance)
Newport, Sunset, Venice & Zuma 2 Business Days (Purchase)
2 Business Days (Refinance)

*Non-Conforming turn times are based on based on receipt of full package. Turn times is based on the "In-Underwriting" date, not the "Submitted" date.  Initial Decisions may take longer for borrowers with more than one submitted file.

*The Cut off time for submissions is 3:00 pm PST.
The cut off time for conditions review is 5:00 pm PST.
Tasks resolved after these times will be logged for the following day.

**USDA loans require review and approval by the USDA state office where the property is located once all PTD’s are cleared. A CTC cannot be issued until a conditional commitment is received. USDA review turn times widely vary by state; contact your local USDA office for review turn times.

CORRESPONDENT PURCHASE REVIEW
Non-Delegated 2 - 3 Business Days
Suspense Condition Review 1 - 2 Business Days
FHA STREAMLINE CUT OFF DATES
Last Day to Submit November 16
Last Day to Submit Conditions November 19
Last Day to Request a Closing Disclosure November 20
Last Day to Put File in Line for Docs November 20
Last Day to Accept Docs for Funding November 27
Last Day to Fund November 29

*Returned doc package received after 3:00 pm PST will be reviewed the following day.

**Please Note: Funding conditions turn time is based on the day, not the hour, of receipt of loan docs. For example: if turn time is 1 business day and docs are received prior to 5 pm PST, then they will be reviewed by the end of the business day the following day. Any docs received after 5 pm would be logged for the following day and turn time would be for the day after that.

Turnaround times will be updated daily at approximately 9:00 am PST.

JMAC Lending Inc.'s cutoff time for locking is 4:00 pm PST. 

To prevent any delays on your files, please remember to utilize all applicable underwriting options and documentation processes.