Turn Times - Finance of America Mortgage TPO

Last Updated December 8, 2021 at 11:51 am

TPO Turn Times

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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!

Wholesale

Turn times as of 12/08/21

Program	Purpose	Set-up	Underwriting	Conditions	CD	Docs	Funding
Conventional	Purchase Refi	24-48 Hours 24-48 Hours	2 Days 3 Days	48-72 Hours	24-48 Hours	24-48 Hours	48 Hours
FHA	Purchase Refi	24-48 Hours 24-48 Hours	2 Days 2 Days	48-72 Hours	24-48 Hours	24-48 Hours	48 Hours
VA	Purchase Refi	24-48 Hours 24-48 Hours	2 Days 3 Days	48-72 Hours	24-48 Hours	24-48 Hours	48 Hours
USDA	Purchase Refi	24-48 Hours 24-48 Hours	2 Days 2 Days	48-72 Hours	24-48 Hours	24-48 Hours	48 Hours
Flex	Purchase Refi	24-48 Hours 24-48 Hours	4 Days 7 Days	48-72 Hours	24-48 Hours	48-72 Hours	48 Hours
Non-Agency	Purchase Refi	24-48 Hours 24-48 Hours	4 Days 5 Days	48-72 Hours	24-48 Hours	48-72 Hours	48 Hours
TBD Loans (Agency & Gov Only)	ALL	24-48 Hours	3 Days	—	—	—	—

NDC

Turn times as of 12/08/21

Program	Purpose	Set-up	Underwriting	UW Conditions	Purchase Review	PR Conditions
Conventional	Purchase Refi	24 Hours 24 Hours	2 Days 2 Days	2 Days 2 Days	24-48 Hours	24 Hours
FHA	Purchase Refi	24 Hours 24 Hours	2 Days 2 Days	2 Days 2 Days	24-48 Hours	24 Hours
VA	Purchase Refi	24 Hours 24 Hours	2 Days 2 Days	2 Days 2 Days	24-48 Hours	24 Hours
USDA	Purchase Refi	24 Hours 24 Hours	2 Days 2 Days	3 Days 2 Days	24-48 Hours	24 Hours