This whitepaper compiles anonymized submission data across HUD MAP transactions to establish current benchmarks for review timelines, condition frequency, and approval velocity.
Key findings include a breakdown of average days-to-firm-commitment by program type (223(f), 221(d)(4), 223(a)(7)), and a ranked list of the most frequently issued underwriting conditions.
The report also examines how submission completeness at intake correlates with total review time, offering a practical framework for borrowers preparing their next package.
Download the full report for methodology, regional breakdowns, and a benchmarking worksheet you can apply to your own transaction timeline.