# Updated Overlay Matrix

Source: https://www.gatewaycorrespondent.com/announcements/updated-overlay-matrix-2

Effective December 3, 2012

Please visit Gateway Mortgage Group’s Correspondent website ([www.gatewaycorrespondent.com](https://www.gatewaycorrespondent.com/)) to review Gateway’s updated overlay matrix.  There are important changes and clarifications that require attention.

**Transactions that qualify under the previous version of the overlay matrix** **must be locked by 12/7/12.**

A summary of changes is listed in the bullet points below. Please contact your account executive with questions.


- The Asset Verification section has been removed from the overlay matrix
- The credit score requirement for FHA/VA/184 has been updated
- DTI requirements have been updated
- The FHA 203(k) Streamline product is no longer available
- The LDP/GSA requirements section has been removed from the overlay matrix
- LTV/CLTV restrictions have been updated