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This site is not authorized by the New York State Department of Financial Services.

No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

Arc Home LLC. All rights reserved. This material is intended solely for the use of licensed mortgage professionals. Distribution to consumers is strictly prohibited. Program and rates are subject to change without notice. Not available in all states. Terms subject to qualification. NMLS 81386.

3001 Leadenhall Road, Suite 301. Mount Laurel, NJ 08054

TURN TIMES

Wholesale
Turn Times Quoted in Business Days

Task Start time End Time Conv 
(Business Days)
Govt 
(Business Days)
NON- QM
 Access/Elite/Jumbo/ FHLMC/FNMA Second Home and Investment*
(Business Days) 
      Purchase Refi Purchase Refi Purchase Refi
Loan Setup LE/ Initial Disclosures Out
Doc Check Fail
-or-
Loan Submitted
1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s)
Underwriting Loan Submitted Approved
-or-
Suspended
2 Day(s) 2 Day(s) 2 Day(s) 2 Day(s) 2 Day(s) 2 Day(s)
Account Management Condition Review Approved
-or-
Suspended
-or-
Denied
-or-
Clear to Close
Same Day- 1 Day (s) Same Day- 
1 Day (s)
Same Day- 1 Day (s) Same Day-
1 Day (s)
Same Day-
1 Day (s)
Same Day-
1 Day (s)
Underwriting Final Underwriting Approved
-or-
Suspended
-or-
Denied
-or-
Clear to Close
2 Day(s) 2 Day(s) 2 Day(s) 2 Day(s) 2 Day(s) 2 Day(s)
Closing Docs Docs Ordered Date Docs Out Date 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s)
CD Requests CD Request Date (initial) CD Sent Date 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s)

*All Loan Amounts of 2mm or greater require an additional 24 hours for Pre-Doc QC

Last Updated: 12/01/23
Delegated QM (Business Days)  NON- QM 
 Access/Elite/Jumbo/ FHLMC/FNMA Second Home and Investment*
(Business Days) 
  Purchase Refi Purchase Refi
Loan Setup 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s)
Initial Purchase Review 1 Day(s) 1 Day(s) 3 Day(s) 3 Day(s)
Final Purchase Review 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s)

Last Updated: 12/01/23
Non-Delegated QM (Business Days)  NON- QM 
 Access/Elite/Jumbo/ FHLMC/FNMA Second Home and Investment*
(Business Days)
  Purchase Refi Purchase Refi
Loan Setup 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s)
Underwriting - Initial Decision 2 Day(s) 2 Day(s) 2 Day(s) 2 Day(s)
Account Management- Condition Review Same Day - 1 Day(s) Same Day - 1 Day(s) Same Day - 1 Day(s) Same Day - 1 Day(s)
Underwriting - Final Decision 2 Day(s) 2 Day(s) 2 Day(s) 2 Day(s)
Initial Purchase Review 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s)
Purchase Review Condition 1 Day(s) 1 Day(s) 1 Day(s) 1 Day(s)

*All Loan Amounts of 2mm or greater require an additional 24 hours for Pre-Doc QC

Last Updated: 12/01/23
December 1, 2023

Arc Home – Committed to Clear Communication

Turn Times Quoted in Business Days

Turn Times Quoted in Business Days

Fantastic Turn Times Through Month End!