May 10, 2018   SOURCE: BusinessWire

Gateway Mortgage Group Renews Partnership with Folds of Honor

Gateway Mortgage Group, a privately held mortgage company offering originations, servicing, and correspondent lending, announced today the renewal of its partnership with Folds of Honor, a non-profit organization that provides educational scholarships to dependents of fallen and disabled service men and women.

“Our country’s military families have made great sacrifices to protect the freedoms we enjoy today, and Gateway is honored to play a role in extending our nation’s gratitude,” said Kevin Stitt, founder and CEO of Gateway Mortgage Group. “Every time a new homeowner closes a loan at Gateway, our company makes a donation towards educational scholarships for family members of fallen or wounded servicemembers. Because of the hard work of Gateway employees, we expect to exceed our annual commitment to Folds of Honor, and we look forward to another year of growth and giving back to our military.”

In May of 2017, Gateway announced that it would donate $5 to Folds of Honor for every mortgage loan closed through its retail branches nationwide. Since that time, the company’s contributions are on pace to surpass the original 12-month forecast of a $100,000 donation.

Each month, a local Gateway branch invites their customers, business partners and employees to an event that is co-hosted with Folds of Honor. During this event, a scholarship recipient will share their personal story of how Folds of Honor has helped them alleviate the pressures of their education expenses, and the Gateway branch presents the monthly donation to a Folds of Honor representative.

“It is refreshing to see a successful company like Gateway who unapologetically leads by living the example of their passion to strengthen families,” said Major Dan Rooney, Founder of Folds of Honor. “We are excited they have decided to stand with Folds for another year as we fulfill our promise to educate the legacy of our fallen soldiers.”

Gateway Mortgage Group provides mortgage services to more than 100,000 customers each year with 20,000 of those being new customers. The company will continue its pledge to donate $5 for every closed mortgage loan for the next 12 months.

“Gateway is thriving and we take our obligation to give back to those in need seriously,” added Stitt. “As Memorial Day approaches, Gateway extends its genuine gratitude to those who have served our country courageously.”

About Folds of Honor

Folds of Honor is a 501(C)(3) nonprofit organization that provides educational scholarships to families of military men and women who have fallen or been disabled in combat while serving in the United States armed forces. Our educational scholarships support private education tuition and tutoring for children in grades K-12, as well as higher education tuition assistance for spouses and dependents. Founded in 2007 by Major Dan Rooney, an F-16 fighter pilot in the Oklahoma Air National Guard who served three tours of duty in Iraq, Folds of Honor is proud to have awarded more than 16,000 scholarships in all 50 states, as well as Guam, Puerto Rico and the Virgin Islands, including more than 3,509 in 2017. For more information or to donate in support of a Folds of Honor scholarship, visit www.foldsofhonor.org.

About Gateway Mortgage Group

Founded in 2000, Oklahoma-based Gateway Mortgage Group LLC is a complete end-to-end mortgage firm that specializes in originations, servicing, and correspondent lending. The company services over $16 billion in residential mortgages. For more information about Gateway, visit www.GatewayLoan.com.