Correspondent Update

Effective Tuesday, July 14th, the following loan-level price adjustments (LLPAs) will be implemented for Gateway’s FHA, VA and HUD Section 184 products:

                                                      Old Adjustment            New Adjustment
Credit Score 620-639:                          (2.000)                         (1.500)
Credit Score 660-679:                          (0.250)                         (0.000)

Please contact your Regional Sales Manager if you have any questions.