JENKS, OK – Gateway Mortgage Group, a privately held mortgage company offering originations, servicing, and correspondent lending, is pleased to provide an update on its partnership with Folds of Honor, a non-profit organization that provides educational scholarships to dependents of our fallen and disabled service men and women.
In May, Gateway announced that it would donate $5 to Folds of Honor for every mortgage closed over the next twelve months. To date, the company has donated more than $44,000 from 8,818 closed loans generated by the 150+ branch locations across the country. In 2016, the company funded more than 15,000 loans in its retail channel and should surpass 20,000 new loans this year. This is expected to generate a total donation of more than $100,000 to Folds of Honor.
“Freedom isn’t free, and more than two million dependents of disabled and fallen soldiers live with this every day,” said J. Kevin Stitt, Founder and CEO of Gateway Mortgage Group. “We are proud to stand with Folds of Honor as they support the families of our service men and women who have made the ultimate sacrifice while protecting our freedoms.”
Folds of Honor addresses the financial gap of dependents within our military families by providing educational scholarships to children and spouses of military heroes across the United States. Since 2007, Folds has awarded nearly 16,000 educational scholarships in all fifty states.
“Gateway is founded on the core value of being passionate about strengthening families,” said Mike Goyer, Chief Operating Officer at Gateway. “We are excited to continue our partnership with Folds of Honor and to remain steadfast in our commitment to give back to the families of our fallen heroes, whose sacrifice can never be repaid.”
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 2,800 in 2016 alone. 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 lending firm that specializes in originations, servicing, and correspondent lending. The company services more than $13.0 billion in residential mortgages. For more information about Gateway, visit www.GatewayLoan.com.