Monthly Archives: March 2013

Updates to Client Guide and Overlay Matrix

March 20, 2013 — Effective April 1, 2013 Please visit Gateway Mortgage Group’s Correspondent website (www.gatewaycorrespondent.com) to review Gateway’s updated Client Guide and Overlay Matrix. There are important changes and clarifications that require attention. Transactions that qualify under the previous version of the overlay matrix must be locked by 3/29/13. Some examples of changes are listed in the bullet …
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Tax Transcripts & Income Validation

March 1, 2013 — Gateway Mortgage Group’s Correspondent division provides the following information for loans where 2012 income is used for AUS qualification. If 2012 tax transcripts are not available before April 15, 2013, please follow the applicable path below. Salaried Borrowers Provide 2012 W-2s Provide 2012 W-2 Transcript(s) OR 2012 1040 Transcript If neither 2012 Transcript is available,provide …
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