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Daily Turn Times

All turn times are currently at 24-48 hours.



New Training Calendar

Click on the link below for the latest information on upcoming classes.

Training Calendar

Correspondent Lending

As announced on June 7, 2021, TIAA Bank has entered into an agreement for the TIAA Bank Correspondent Lending channel to be acquired by PenFed, one of the country's largest and most-respected credit unions.

Below is a timeline of important transition dates:

  • 7/31/21 Last Day to submit a Trust for Trust Review
  • 8/13/21 Last day to submit files for purchase review at TIAA Bank
  • 8/31/21 Last day to clear escrow holdbacks
  • 9/10/21 Last day for TIAA Bank to purchase correspondent loans

Although our business will have a new name, the people you've worked with over the years will remain the same. We look forward to working with you in the future under our new name, PenFed.


Product Offerings:

  • TIAA Bank is no longer accepting loan registrations nor locks.



    This information is for use by mortgage professionals only and should not be distributed to or used by consumers.
  1. TIAA Bank® is a division of TIAA, FSB. © 2018 TIAA, FSB.
  2. Equal Housing Lender, Member FDIC