***Turn Times are subject to change and estimated based on the majority of loan files. If you have questions regarding the status of your loan reach out to your assigned processor or Lendersupport@onqfinancial.com
Wholesale Turn Times
|
Initial Disclosures
|
|
|---|---|
|
Initial Disclosures
|
1 Day
|
|
Underwriting Turn Times
|
||
|---|---|---|
Product |
Initial ReviewTurn Time begins when all documents for underwriting are received and loan is submit to underwriting |
ConditionsTurn Time begins when the loan is submit to underwriting by processing |
|
Conventional
|
1 day
|
1 day
|
|
FHA
|
1-4 days
|
1-2 days
|
|
VA
|
1-4 days
|
1-2 days
|
|
USDA
|
1-4 days
|
1-2 days
|
|
VA IRRRL
|
1-2 days
|
1-2 days
|
|
Processing Condition Review
|
Same Day
|
||
|---|---|---|---|
|
Initial Closing Disclosure Release
|
1 Days
|
|---|---|
|
Docs Out
|
1 Days
|
|
***Funding cut-off time is 4:30pm EST | Last Updated: 2023-02-01
|