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.

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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Important AUS Lock Requirements

Effective with Locks taken on or after July 15, 2019, Clients will be required to use the AUS system that...

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Revised Overlay Matrix

Please take a moment to review the updated Overlay Matrix, available on our website as of May 17th, 2019. Below...

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Notice of Business Merger & Name Change

On December 5, 2018, Gateway Mortgage Group, LLC (“Gateway”) entered into a definitive merger agreement pursuant to which Farmers Exchange...

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Update: Effective Date Extended for Recent Downpayment Assistance and Operating in a Governmental Capacity Mortgagee Letter

As of April 25, 2019 the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2019-07, which announced an extension of the...

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