NonQM Loan Process Timeline
Understand what to expect from application to closing
The NonQM Loan Timeline
Week 1: Pre-Qualification & Application
Submit your application and initial documentation. Our team will review your information and provide a pre-qualification estimate.
Week 2-3: Documentation & Processing
Submit any additional documentation requested. We'll verify your information and order the property appraisal.
Week 3-4: Underwriting
Our underwriters will review your complete file. You may be asked for clarifications or additional documents.
Week 4-5: Appraisal & Final Review
The property appraisal is completed and reviewed. We conduct final verification of all information.
Week 5-6: Clear to Close
Once everything is approved, you'll receive your clear to close notice and schedule your closing date.
Week 6-7: Closing
Sign your final documents and receive your funds. Average closing time: 21 days.
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