Effective immediately, Gateway Mortgage Group, Correspondent Lending, a division of Gateway First Bank has aligned with GNMA announcement
APM 19-05 Revised Pooling Eligibility Requirements for VA Refinance Loans, which includes:
The note date of the refinance loan must be on, or after, the later of:
- The date on which the borrower has made at least six consecutive monthly payments on the loan being refinanced; and
- The date that is 210 days after the first payment due date of the loan being refinanced
Please direct any questions to your Regional Sales Manager
Thank you!