Turn times.
JMAC’s published targets for each step of your loan, in business days. Targets may change with daily volume.
Wholesale lending.
Purchase and refinance, unless noted.
Submission and underwriting
- Submission
- Same day
| Program | Initial decision | Condition review |
|---|---|---|
| Conforming and government | 1 day | 1 day |
| Listed Jumbo and Non-QM programs | 1 day | 2 days |
| Closed-end seconds Refinance | 1 day | 2 days |
Which programs are included?
Conforming and government: Conforming, FHA, FHA Combo DPA, VA and USDA. The published refinance schedule also covers FHA Streamline and VA IRRRL / cash-out.
Jumbo and Non-QM: Jumbo Plus, Manhattan, Malibu Plus, Monterey, Balboa, Venice, Prime DSCR, Zuma, Newport Non-Conforming, Carmel and ITIN, plus Limited Docs and Venice 5–8 units / 2–8 mixed-use.
For Redondo or a program not listed, confirm timing with your JMAC team.
Closing and funding
- Closing disclosureBefore and at clear-to-close
- 1 day
- Loan documentsFrom Docs Ordered status
- 1 day
- Funding conditions
- 1 day
Turn times are estimates, not warranted or guaranteed.
A few timing essentials.
- Watch the cutoff.Submissions, closing disclosure requests and condition reviews: 3 p.m. Eastern for Central / Eastern loans; 3 p.m. Pacific for Mountain / Pacific loans. Later requests count toward the next business day.
- Know when the clock starts.Initial decisions begin when the loan enters Underwriting. Document timing begins at Docs Ordered, after clear-to-close, CD consent and a valid rate lock.
- Plan around business days.These are days JMAC is open, and work may finish at the end of the day. Your AE or account manager can help with a specific loan or closing date.
Your next borrower. Our next conversation.
Plan your next submission.
Submit a scenario, ask JMAC a question, or open JMAC Connect to see where your loan stands.