by Gateway Correspondent | Oct 4, 2019 | Announcements
Per the Fiscal Year 2020 Commitment Notice released September 12, 2019 funding will be temporarily unavailable for the USDA Rural Housing Loan program beginning October 1, 2019. USDA Rural Development will issue Conditional Commitments “subject to the availability of...
by Gateway Correspondent | Oct 1, 2019 | Announcements
Effective Monday October 14th, 2019, the 10 Year DPA option for the SETH Goldstar Program will be temporarily discontinued until further notice. This is only for the 10 Year Government DPA Loan Option in the SETH Goldstar Program, including FHA, VA and USDA. The...
by Gateway Correspondent | Sep 25, 2019 | Announcements
As previously announced in our September 23, 2019 announcement on Flood Insurance Documentation, Gateway Mortgage Group has updated our requirements for all loans requiring flood insurance, pursuant to FDIC regulations. Effective with all new submissions on or after...
by Gateway Correspondent | Sep 24, 2019 | Announcements
Tropical Storm Imelda has brought devastating rains and flooding to Southeast Texas. Although FEMA has not declared specific counties for individual assistance as of yet, the Texas Governor has declared a State of Emergency for Tropical Storm Imelda due to ongoing...
by Gateway Correspondent | Sep 23, 2019 | Announcements
Effective October 1st, 2019, Gateway Mortgage Group, a Division of Gateway First Bank will require proof that the Flood Insurance Premium has been receipted by the Flood Insurance Company. A copy of the cancelled check or paid receipt is sufficient to clear this...