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:
- Mandatory and best efforts delivery options
- Extended locks up to 270 days with no price add-on at float down
- Wide array of loan programs, including Jumbo loans, Specialty Lending Loans and Second lien mortgages
- Fannie Mae / Freddie Mac seller/servicer
- Ginnie Mae issuer
- Lock & Shop Program
- All Loans are serviced by employees of Gateway Mortgage Group, a division of First Gateway Bank
Our team is led by a highly qualified and experienced management team that is dedicated to each lending relationship. From top to bottom, we have the expertise and processes to ensure precise and successful execution when purchasing mortgage loans.
Gateway is committed to superior service and your success. Our team is highly trained and passionate about our business. When you engage Gateway, our sales team will dedicate their time to learning your goals, and our operations personnel will be there every step of the way to guide you through the purchasing process.
While Gateway’s purchasing capabilities are comparable to those of a much larger lender, our nimble size and flat organizational structure enable us to make flexible and quick decisions to best serve each client.
Gateway offers competitive pricing and leading technology and image file delivery to best serve your goals. Our unique delivery model and technology will simplify loan purchasing and create success in a constantly changing mortgage marketplace.
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.
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.