See the TPO Portal https://ameritrust.app.tpoportal.com/login for status updates on active pipeline.
Loans submitted after 2:00 p.m. PST will be considered as the next business day submission.
| Wholesale Turn Times | Quoted in Business Days | ||||||
| Conventional/Government¹ | Non-QM² | Multi-Pack Loans³ | |||||
| Process | TPO Portal Status | Purchase | Refinance | Purchase | Refinance | Purchase | Refinance |
| Initial Disclosures & Setup | Document Check | 1 | 1 | 1 | 1 | 2 | 2 |
| Initial Underwriting | In Underwriting | 2 | 2 | 2 | 2 | 5 | 5 |
| Condition Review (Account Managers) | Condition Review | 1 | 1 | 1 | 1 | 2 | 2 |
| Condition Review (Underwriting) | Final Underwriting | 2 | 2 | 2 | 2 | 3 | 3 |
| Clear to Close Review (Underwriting) | Final Underwriting | 1 | 1 | 1 | 1 | 3 | 3 |
| Initial CD Request:⁴ | 1 | 1 | 1 | 1 | 2 | 2 | |
| Closing Documents: | Docs Ordered | 1 | 1 | 1 | 1 | 2 | 2 |
| Funding: | 30 minutes | 30 minutes | 30 minutes | 30 minutes | 1-2 hours | 1 -2 hours | |
¹ Includes Fannie Mae, Freddie Mac, FHA, VA, and USDA
² Includes Non-QM DSCR 1-4, Foreign National, ITIN, Alt Doc, Full Doc, and Non-QM 2nd Liens
³ Includes >1 loans submitted for the same applicant
⁴ Loan must be Approved or Clear to Close for a CD to be requested