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NJHMFA Underwriting Review Timelines
NJHMFA communicates underwriting review timelines on the daily rate sheet. Due to increased loan volume, NJHMFA is temporarily increasing the expected timeline for initial review to 7 business days, and 3 business days for resubmissions.
Loans are reviewed in order of receipt. Lender requests for rush reviews may further delay reviews. Please plan accordingly and allow enough time prior to closing for the initial review and review of any resubmissions for outstanding conditions.
Underwriting Leadership Change:
We are excited to announce key leadership changes at NJHMFA intended at driving success and growth. Effective immediately:
Justin Tierney, our Underwriting Manager for the last several years is moving on to a new role within the organization as Manager of Asset Management. We thank Justin for his significant contributions and wish him well.
We currently have the Underwriting Manager position filled temporarily while we seek to fill the position full time. During this time, please continue to direct any questions to Annette Voellinger, Assistant Director of Single-Family Programs.
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