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Last Updated October 31, 2022 at 12:16 pm

Please ensure you are uploading all required documents for submission. To maximize productivity, please submit a complete package. Files will be reviewed in order received; first-in, first-out basis with priority on purchase transactions. Thank you for your understanding, patience and partnership!

Finance of America Mortgage (FAMTPO) will no longer fund/purchase brokered or correspondent loans through its Wholesale and NDC channels effective December 16, 2022.

October 28: Last day to lock loans currently in the pipeline and submit a credit package on previously locked loans

December 16: Last day to fund wholesale pipeline and last day to purchase NDC pipeline

Wholesale

Turn times as of 10/31/22
ProgramPurposeSet-upUnderwritingConditionsCDDry Docs*Dry FundingWet DocsWet Funding

Conventional

Purchase
Refi

1-2 days

1 – 2 Days
1 – 2 Days

1 – 2 days

1-2 days

1 day
1-2 days

1 day
1-2 days

2 days
2 days

Same day

FHA

Purchase
Refi

1-2 days

1 – 2 Days
1 – 2 Days

1 – 2 days

1-2 days

1 day
1-2 days

1 day
1-2 days

2 days
2 days

Same day

VA

Purchase
Refi

1-2 days

1 – 2 Days
1 – 2 Days

1 – 2 days

1-2 days

1 day
1-2 days

1 day
1-2 days

2 days
2 days

Same day

USDA

Purchase
Refi

1-2 days

1 – 2 Days
1 – 2 Days

1 – 2 days

1-2 days

1 day
1-2 days

1 day
1-2 days

2 days
2 days

Same day

Flex

Purchase
Refi

1-2 days

1 – 2 Days
1 – 2 Days

1 – 2 days

1-2 days

1 day
1-2 days

1 day
1-2 days

2 days
2 days

Same day

Jumbo Non-Agency

Purchase
Refi

1-2 days

1 – 2 Days
1 – 2 Days

1 – 2 days

1-2 days

1 day
1-2 days

1 day
1-2 days

2 days
2 days

Same day

TBD Loans
(Agency & Gov Only)

ALL

1-2 days

1 – 2 Days

* Cut-off by 1pm PST

NDC

Turn times as of 10/31/22
ProgramPurposeSet-upUnderwritingUW ConditionsPurchase ReviewPR Conditions

Conventional

Purchase
Refi

1 day
1 day

1 – 2 Days
1 – 2 Days

1 – 2 Days

1 day

1 day

FHA

Purchase
Refi

1 day
1 day

1 – 2 Days
1 – 2 Days

1 – 2 Days

1 day

1 day

VA

Purchase
Refi

1 day
1 day

1 – 2 Days
1 – 2 Days

1 – 2 Days

1 day

1 day

USDA

Purchase
Refi

1 day
1 day

1 – 2 Days
1 – 2 Days

1 – 2 Days

1 day

1 day

FLEX

Purchase
Refi

1 day
1 day

1 – 2 Days
1 – 2 Days

1 – 2 Days

1 day

1 day

Jumbo Non-Agency

Purchase
Refi

1 day
1 day

1 – 2 Days
1 – 2 Days

1 – 2 Days

1 day

1 day