by Gateway Correspondent | Feb 6, 2020 | Announcements
Effective with new locks on February 10th, 2020 for SETH Goldstar, CAFA Gold 100, and GSFA Open Doors programs are being updated. Please note the revisions to the required MI and LLPA’s for borrowers with income above 80% AMI. Freddie Mac announced in November as...
by Gateway Correspondent | Jan 28, 2020 | Announcements
We are pleased to announce the VHAP loan amount limit increase from $484,350 to $510,400 with NEW loan registrations on the TVLB Program, effective January 28th, 2020. This applies to clients that have been approved by Gateway to originate and sell the Texas Veterans...
by Gateway Correspondent | Jan 28, 2020 | Announcements
Specialty Lending Programs Update Effective with new locks on February 10th, 2020 for SETH Goldstar, CAFA Gold 100, and GSFA Open Doors programs are being updated. Freddie Mac announced in November as part of their responsible lending requirements, they will limit the...
by Gateway Correspondent | Dec 27, 2019 | Announcements
FHA Loan Limit Effective with case numbers assigned on or after January 1, 2020, Gateway Mortgage will begin accepting locks with the higher FHA loan limits. Please refer to FHA Mortgagee Letter 2019-19 as well as FHA Info #19-59 for the county limits in your area....
by Gateway Correspondent | Dec 26, 2019 | Announcements
The Taxpayer First Act was signed into law on July 1, 2019. The act includes a provision that persons receiving tax return information must obtain the express permission of taxpayers prior to disclosing that return information to any other person. Due to the law, if...
