Gateway would like to offer you a 630-639 Fico FHA and VA
product.
Streamlines and IRRRLs are included.
This will be a product we intend to portfolio and have the following
Lender Guides below.
--Max
95% LTV Purchase
--Max
90% LTV Refinance (80% cash out)
--Max
40% Back DTI
--6
Months reserves
--NO
First time home buyers
--Down
payment cannot be a gift and cannot be a DPA must come from own funds
--No
BK last 3 years
--No
collections last 3 years
--Max
150% payment shock
Steve Peters
Gateway Mortgage Group LLC
(972)908-3390--Dallas
(918)392-8334--FAX