by Gateway Correspondent | Aug 14, 2019 | Announcements
FHA Cash-out Max LTV and VA Refinance Max LTV FHA Max LTV for Cash-out Refinances As of August 1st, 2019, HUD issued FHA Mortgagee Letter 2019-11, which reduces the current Maximum Loan-To-Value (LTV) and Combined Maximum Loan-To-Value percentages to 80% on Cash-out...
by Gateway Correspondent | Aug 2, 2019 | Announcements
Effective immediately, Gateway Mortgage Group, Correspondent Lending, a division of Gateway First Bank has aligned with GNMA announcement APM 19-05 Revised Pooling Eligibility Requirements for VA Refinance Loans, which includes: The note date of the refinance loan...