GNMA VA Seasoning Requirements Update:

August 2, 2019

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 must be on, or after, the later of:

  1. The date on which the borrower has made at least six consecutive monthly payments on the loan being refinanced; and
  2. The date that is 210 days after the first payment due date of the loan being refinanced

Please direct any questions to your Regional Sales Manager

Thank you!

Comments are closed.