Eligible Mortgage Loans

In this chapter, you will find information on eligible property and lien status, geographic restrictions, eligibility restrictions as well as warehouse lines of credit and wire instructions. Please note that clients will receive an approval letter specifying the products, states and services for which they are eligible.

Purchased loans must fully comply with all requirements of Fannie Mae, Freddie Mac, FHA, HUD Section 184, VA, and USDA and other Investors as applicable, unless otherwise specified in this chapter, the product descriptions, or the Gateway Correspondent Lending Overlay Matrix.

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