CURRENT TURN TIMES
|CONV./GOV. REFI.||2 DAYS||14 DAYS||8 DAYS|
|CONV./GOV. PURCH.||2 DAYS||4 DAYS||8 DAYS|
|PROJECT REVIEW (CONDOS)||N/A||N/A||4 DAYS|
|Last Updated: 08/06 at 8:40 AM|
Loan Register: The number of business days it will take to register/disclose loan after submitted on NRZ's broker web portal LION and LE created.
Initial UW: The number of business days for an UW to complete initial review of the file after the loan is registered.
UW Conditions Received: The number of business days for an UW to review conditions uploaded after the Initial UW. The turn times published for conditions review includes the AM review.
NOTE: 90% of the loan turn times are represented in the above information.