Announcements

Gateway’s Correspondent Lending team is here to help you with every stage of the loan purchase process. We want to keep you updated with changes and any new requirements or procedures. Check back often to receive news about revisions to our products, client guide, overlay matrix, approved states and additional developments throughout the organization.



NEW Hazard Insurance Mortgagee Clause

Effective Wednesday, September 18th, 2019 Gateway Mortgage Group Mortgagee Clause will change and must read as follows: Gateway Mortgage Group,...

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Revision to August 14th 2019 Announcement: VA Cash-Out Refinances Exceeding 90% LTV

As previously announced in Gateway’s announcement dated  August 14th, 2019, Gateway has updated the VA Refinance guidelines with respect to...

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Gateway Mortgage Group Correspondent Lending, FHA Cash-out Max LTV and VA Refinance Max LTV

FHA Cash-out Max LTV and VA Refinance Max LTV FHA Max LTV for Cash-out Refinances As of August 1st, 2019,...

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GNMA VA Seasoning Requirements Update:

Effective immediately, Gateway Mortgage Group, Correspondent Lending, a division of Gateway First Bank has aligned with GNMA announcement APM 19-05 Revised...

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Suspension of the Effective Date of Mortgagee Letter 2019-06

Downpayment Assistance and Operating in a Governmental Capacity As of July 23, 2019 HUD issued FHA Mortgagee Letter 2019-10, which...

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