by Gateway Correspondent | May 13, 2020 | Announcements
Gateway First Bank, Correspondent Lending is amending its May 5th, 2020 announcement titled Update to Agency LLPAs: Temporary Selling Requirements Related to COVID-19 Loans in Early Forbearance Effective immediately, agency purchase or no cash-out refinance...
by Gateway Correspondent | May 5, 2020 | Announcements
Effective Wednesday, May 6th, 2020, Gateway First Bank, Correspondent Lending is updating the Agency LLPAs for loans in Early Forbearance and all Cash-out Refinance transactions as follows: Loans in Early Forbearance Effective for agency loans purchased on or after...
by Gateway Correspondent | Apr 9, 2020 | Announcements
Starting Monday, April 13th, 2020 Gateway First Bank Correspondent Lending will be updating the Best Effort Rate sheet which will include the following enhancements: A 7-day commitment period will be available The published base price will include the SRP New SRP...
by Gateway Correspondent | Apr 7, 2020 | Announcements
Gateway First Bank Correspondent Lending continues to closely monitor the developments related to COVID-19 and will continue to provide updates and guidance during these unprecedented times. Effective immediately, all loans in which borrower(s) are actively seeking...
by Gateway Correspondent | Apr 1, 2020 | Announcements
Electronic Closings Effective immediately, Gateway First Bank Correspondent Lending has updated its electronic signature policy on specific eligible closing documents for all loan programs including TVLB, SETH Goldstar, CAFA Gold 100 and GSFA Open Doors. Mortgage...