Funding Fees

As announced in last week’s spotlight, dated the Week of May 23, 2022, Gateway First Bank has increased our funding fees effective 6/1/22.  Please see the Gateway First Bank Fee schedule in the Resource Library in the GEMS portal for full details. The new funding fees...

High Balance and Second Home LLPAs

On January 5th, the FHFA announced Targeted increases to Fannie Mae and Freddie Mac’s upfront fees for certain high balance and second home loans. Gateway First Bank, Correspondent Lending will be updating the LLPAs on our rate sheets on January 18th, 2022, to include...

Texas Veterans Housing Program (VHAP)

Please be aware that the recent announcement by FHFA regarding the maximum conforming loan limits increasing from $548,250 to $647,200 in 2022 does not currently impact the Texas Veterans Land Board Program. The maximum loan amount for Texas Veteran loans will remain...