Revised Overlay Matrix

May 17, 2019

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

Below is a list of the most significant changes to the Overlay Matrix:

No score/non-traditional credit allowed on all loan programs, subject to Agency Guidelines.

  • No maximum DTI on all loan programs that receive an AUS approval from DU or LP, except HUD 184 and USDA loans.  Clients must follow agency guidelines regarding compensating factors.
  • Removed several property types from ineligible list
  • Allow escrow waivers up to 89.99%
  • Removed limit of number of loans serviced by Gateway

Please direct any questions to your Regional Sales Manager

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