# Gateway Correspondent Homepage

Gateway Correspondent Homepage

Source: https://www.gatewaycorrespondent.com/

# The Gateway Difference

Gateway First Bank’s Correspondent Lending Division empowers clients to achieve their mortgage lending goals. When you choose Gateway as your partner, you will work with a highly experienced and accessible team that strives to purchase your loans in a timely manner. Is it time you capture the revenue you want through the home lending business? Select a partner that’s flexible, dependable and the best choice for your financial institution.

- **Secondary Mortgage Program: **Purchase and Construction to Perm Loans CLTV up to 95%
- **Extended Rate Lock Program: **Up to 270 days with free float down
- **Lock and Shop Program: **Option to keep the original rate or float down to the current market rate
- **No Score/Non-Traditional Credit Option: **Allowed on all loan programs, subject to Gateway’s overlay matrix
- **No Max DTI **on conventional, FHA, VA with AUS approval required
- **Agricultural Exempt Loans: **Allowed on Conventional loans, excluding income-producing, working farms, ranches, and orchards
- **HUD184 American Indian Loan Program: **Available on Delegated and Non-Delegated Loans
- **Specialty Lending Loan Programs, **including Texas Veterans Land Board (TVLB), CAFA Gold 100, GSFA Open Doors and SETH GoldStar
- **No Minimum Loan Amount**
- **DPAs Allowed: **FHA/VA/Conventional Loans – For Conventional loans, Bonds, and Second Liens are ineligible for purchase
- **No Max Acreage **on Conventional Loans – except on Texas A6 loans, the max is 20 acres
- **AUS Policy: **Client has option to run the loan through both AUS systems if an “Accept” or “Approve” decisions was not originally received