ESTIMATED CLEAR-TO-CLOSE TIMELINE
File-level estimate required
Statement period, personal-versus-business analysis, expense treatment, deposit review, appraisal, title, and lender conditions materially change the sequence.
- Selected loan type
- Non-QM Bank Statement
- Selected lender
- Change Wholesale
- Selected state
- Florida
Lender workflow: Verify the selected Change product and current guide, then reconcile LOS data with CLOSR before using upload, appraisal, lock, change-of-circumstance, or CD workflows.
State checkpoint: If Florida Housing assistance is involved, add the current program reservation, education, compliance, second-mortgage, eHousingPlus, and master-servicer requirements.
Required upfront document and control checklist
- Complete application and borrower authorization set
- Every page of the lender-required personal or business statement period
- Business ownership evidence and current entity documents when required
- Bank-statement income calculation or lender worksheet
- Purchase contract or current payoff and title information
- Asset, reserve, appraisal, insurance, and explanation documents required by the current guide
- Current Change product guide version
- CLOSR registration and submission confirmation
- Florida property, title, insurance, and program-specific documents
- Florida Housing package when assistance applies