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UPDATED 9/19/2017

DISCLOSURES & SUBMISSIONS
TYPE PURCHASE REFINANCE CTC
COC Loan Estimate 1 Business Day* 1 Business Day* N/A
Submission Same Business Day* Same Business Day* N/A
Closing Disclosure Same Business Day* Same Business Day* Same Business Day*

*All requests after 3:00pm PST will be logged for the following day.

PURCHASE
LOAN TYPE INITIAL DECISION CONDITION REVIEW**
Conforming 1 Business Day 1 Business Day
Unlocked Conforming 1 Business Day 1 Business Day
Non-Conforming 2 Business Days 2 Business Days
FHA 1 Business Day 1 Business Day
VA 1 Business Day 1 Business Day
REFINANCE
LOAN TYPE INITIAL DECISION CONDITION REVIEW**
Conforming 1 Business Day 1 Business Day
Unlocked Conforming 1 Business Day 1 Business Day
Locked Non-Conforming 3 Business Days 3 Business Days
Unlocked Non-Conforming 4 Business Days 3 Business Days
FHA 1 Business Day 1 Business Day
FHA Streamline 1 Business Day 2 Business Days
VA 1 Business Day 1 Business Day
VA IRRRL 1 Business Day 2 Business Days

*Non-Conforming turn times are based on based on "In-Underwriting" date and not "Submitted" date.

*Initial Decisions may take longer for borrowers with more than one submitted file

**Turn Times start when the Condition Review task is resolved. Tasks resolved after 3:00pm PST will be logged for the following day.

CLOSING
DEPARTMENT PURCHASE REFINANCE
Docs Same Business Day* Same Business Day - 1 Business Day*
Funding Same Business Day** Same Business Day - 1 Business Day**

*Doc turn times are based on "Docs Ordered" date.

*Returned doc package received after 3:00pm 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 5pm PST, then they will be reviewed by the end of the business day the following day. Any docs received after 5pm would be logged for the following day and turn time would be for the day after that.

DELEGATED QC REVIEW
Laguna 2 Business Days
Manhattan 2 Business Days
Venice 4 Business Days
NON-DELEGATED INVESTOR REVIEW
Sunset 4 Business Days
Newport 4 Business Days
Laguna 6 Business Days
CORRESPONDENT PURCHASE REVIEW
Non-Delegated 2 - 3 Business Days
Delegated 2 - 3 Business Days
FHA STREAMLINE CUT OFF DATES
Last Day to Submit September 15
Last Day to Submit Conditions September 19
Last Day to Request a Closing Disclosure September 21
Last Day to Put File in Line for Docs September 22
Last Day to Accept Docs for Funding September 26
Last Day to Fund September 28

Turnaround times will be updated daily at approximately 9:00 am Pacific Standard Time.

JMAC Lending Inc.'s cutoff time for locking is 4:00 pm Pacific Standard Time. 

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