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Press release content from Business Wire. The AP news staff was not involved in its creation.

Gateway Opens New Mortgage Center in New Jersey

September 21, 2020 GMT

ROBBINSVILLE, N.J.--(BUSINESS WIRE)--Sep 21, 2020--

Gateway Mortgage Group, a division of Gateway First Bank, announced it has opened a new mortgage center in New Jersey to meet increased demand from local communities for home financing. The new opening in Robbinsville, bring Gateway’s footprint to fourteen centers in the state of New Jersey and more than 150 mortgage centers across the United States. Gateway also has mortgage centers in Marlton, Vineland, Somerville, Red Bank, Berlin, Williamstown, Clark, Sicklerville, Cranford, Morristown, Ocean, Bayville, and Cherry Hill.

“Gateway team is extremely pleased for an opportunity to grow in the town of Robbinsville and the surrounding areas,” said Kerry Shaw, Mortgage Sales Manager, who has serviced the community for over 20 years. “We look forward to having a physical location and being an integral part of the development and growth of these communities, and are proud to grow our footprint.”

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With an increased number of homeowners refinancing and taking advantage of lower interest rates, the New Jersey housing market is thriving. “Gateway continues to grow to meet the increasing demand for mortgage services,” said Scott Gesell, CEO of Gateway. “We are committed to the families and communities we serve. Our momentum is a testament to our team members’ persistent focus on the customer.”

Gateway has seen record-breaking volume since 2019, hitting a new record high of $1 billion in a month for funding just after the company celebrated the 20 th anniversary in February. Gateway has originated more than $7.2 billion in mortgage loans year-to-date through August, putting the company on track to surpass its record-breaking year of $7.7 billion funded loans in 2019.

About Gateway First Bank

Gateway First Bank is a leading financial institution that provides banking and mortgage services for consumers and commercial customers. Headquartered in Jenks, Oklahoma, Gateway is a $1.7 billion asset sized bank with a strong mortgage operation. Gateway is one of the largest banking and mortgage operations in the United States with six bank branches in Oklahoma, 150 mortgage centers in 40 states, and over 1,400 employees. Learn more at www.GatewayFirst.com. Member FDIC, Equal Housing Lender (NMLS 7233).

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Follow Gateway First on Facebook ( https://www.facebook.com/GatewayFirstBank/ ), LinkedIn ( https://www.linkedin.com/company/gatewayfirst/ ) and Twitter ( https://twitter.com/Gateway1st ).

View source version on businesswire.com:https://www.businesswire.com/news/home/20200921005491/en/

CONTACT: Melissa Bogle

918-291-4654

Melissa.Bogle@gatewayfirst.comMegan McKinstry

678-781-7237

mmckinstry@williammills.com

KEYWORD: NEW JERSEY UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FINANCE BANKING PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY

SOURCE: Gateway Mortgage Group

Copyright Business Wire 2020.

PUB: 09/21/2020 09:16 AM/DISC: 09/21/2020 09:16 AM

http://www.businesswire.com/news/home/20200921005491/en