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.

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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FHA Documentation Requirements for Governmental Entities Providing Downpayment Assistance to FHA Borrowers: SETH Goldstar & CAFA Gold 100 FHA Loan Programs

As of April 18th, 2019, Gateway Mortgage Group Correspondent Lending aligned with the Federal Housing Administration (FHA) issuing HUD Mortgagee...

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Funding Fee Update for TVLB Loans

Effective with locks on or after May 1, 2019, the funding fee for TVLB loans will be changing. Please refer...

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New VA Policies and Updates to VA-Guaranteed Cash-Out Refinancing

Effective February 15, 2019, Gateway Mortgage Group Correspondent Lending (Gateway) aligned with recent publications by the Department Veterans Affairs’ (VA),...

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Texas Veterans Housing Assistance Program (VHAP) Program Bulletin for the Gateway TVLB Loan Program

Please note the recent updates to the Texas Veterans Housing Assistance Program (VHAP) Program below.  This applies to clients that have been...

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