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 Land Board (TVLB) Program. Maximum loan amount includes VA Funding Fee or financed Mortgage Insurance; FHA loan limits apply.
Note: Current locks do not qualify for a loan amount increase to the new limit and any relock requests will be subject to worse case pricing.
Please direct any questions to your Regional Sales Manager