Q. Do you have a minumum credit score?
Q. Do you do 203k's?
Q. Can I run DU on GMOS?
Q. How long does it take to get my logins to GMOS?
Q. What is GMOS?
Q. Can you use my credit report?
A. Yes. Current minimum credit score for all products offered is 640
A. No.
A. Yes. See home or rates page for needed forms.
A. GMOS is our AUS. Gateway Mortgage Origination System. www.gmos.us
A. For a loan officer or branch, apprx. 24hrs. For a broker packet approval, apprx. 1 week.
A. If you use Equifax, we will use your report.
Q. What products do you offer?
A. FHA, VA, USDA and FNMA
Q. What is your niche?
A. We strive to set ourselve apart from all other lenders with competitive pricing, fast turn times, and with a friendly, accessible support team.
Q. Do I have to be HUD approved to do FHA with you?
A. Yes.
FAQ's
Q. On FHA, do you need a perfect previous 12 month mortgage history?
A. Yes. At this time, on any FHA loan, we need the last 12 moths credit history to be clean.
Continued FAQ's!
Q. Do you accept government entity soft second down payment assistance programs for the borrower's minimum cash investment on FHA purchases?
A. Yes as long as they are HUD approved we will accept. CLTV is up to 100%
What is Gateway's Policy on the new Respa changes that went into effect 1/01/2010?
Q. Can you accept my CFL for California lending?
A.No.
