Are you looking to capture additional revenue through the home lending business? At Gateway, we offer a wide variety of programs to best fit your needs. When you choose Gateway Mortgage Group’s Correspondent Lending Division as one of your lending partners, you can expect:
Lending Advantages
- Mandatory and best efforts delivery options
- Extended locks up to 270 days with no price add-on at float down
- Wide array of programs, including second lien, and products with minimal overlays
- Fannie Mae / Freddie Mac seller/servicer
- Ginnie Mae issuer
- No cross-selling of your customer for other products
- All Loans are serviced by employees of Gateway Mortgage Group, LLC
At Gateway, we purchase Conforming, FHA, VA, HUD Section 184, USDA and second lien loans on a best efforts, single-loan, bulk and mandatory basis. We service all of the loans we purchase, as well as offer subservicing to some clients. Unlike big banks, when Gateway purchases your loans, we will not solicit your customers or compete against you for your customers’ financial business.
Gateway’s Delegated Program
Gateway’s delegated program is open to clients that employ their own underwriting staff. All loan programs are eligible to be purchased on a delegated basis.
Gateway’s Non-delegated Program
Our non-delegated program is open to banks and credit unions that do not have their own underwriters on staff. Conventional, FHA, VA, HUD Section 184 and USDA loan programs are eligible to be delivered to Gateway on a non-delegated basis.
