Correspondent Turn Times

For the week of July 20, 2026

StageTurn Times
Non-Delegated - Initial Underwrite3 Days
Non-Delegated - Condition Review48 Hours
Closed Loan Delivery Review5 Days
Closed Loan Condition Review72 Hours
EZ Calc Bank Statement Income Analysis24 Hours

Notes

  • Files and Conditions are considered received on the day they are determined to be complete after upload (Submit for Review) to the Correspondent Seller Connect Portal.
    • Credit Package submission is complete when milestone status updates to Submitted to U/W.
      • Files in Credit Package in Review (Document Check) are in data entry and may need additional documentation.
    • Underwriting Conditions are received when milestone status updates to Conditions Review.
    • Closing Package submission is complete when milestone status updates to Loan Package Received.
      • If status does not update, file may need additional documentation.
    • If the file is incomplete, it is considered received on the day it becomes complete.
  • Files and Conditions must be received by 2:00 pm PST; items received after 2:00 pm PST are considered received on the next business day.
  • When uploading conditions, credit or closing packages you must click Submit For Review in order to send the file back to us.
  • Reach out to LSMCorrespondent@lsmortgage.com or your Correspondent Sales Executive for any assistance.