# Correspondent Updates

Source: https://www.gatewaycorrespondent.com/announcements/correspondent-updates

Please visit our website to view updates to the Client Guide, Product Descriptions, and Overlay Matrix.

Summary of updates:


- New Eligible States: Nevada, New Jersey, and Pennsylvania.
- Eligible Property Types:  Log Cabin Max LTV expanded to 85%.
- Conforming Fixed Product: LTV requirements removed for single premium financed MI.
- Conventional:  Max LTV for 1 Unit Investment Purchase expanded to 85%.
- Address Change:  Borrower payments


*Please direct questions to your sales manager*