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Gateway Mortgage Group Expands into 41st State, Adds Nevada State License

April 17, 2018

JENKS, Okla. – Gateway Mortgage Group LLC, a privately held mortgage company offering originations, servicing, and correspondent lending, announced today the opening of its first Nevada retail branch located at 3900 S. Hualapai Way, Suite #120 in Las Vegas.

Experienced mortgage professional Joe Augienello will direct and oversee growth of the new location. Augienello has extensive experience managing sales teams and began his mortgage career at Accredited Home Lenders where he was the youngest regional manager within the company and previously worked as a branch manager for Wells Fargo.

“We are proud of the continued growth at Gateway as we open our first office in the state of Nevada,” said Kevin Stitt, Founder and Chief Executive Officer of Gateway Mortgage Group. “We look forward to helping Nevadans achieve the American dream of homeownership as we increase the available options in their market. This milestone confirms that our business model meets or exceeds the regulatory requirements the approving state places on any mortgage company.”

The new Las Vegas branch is Gateway’s 164th location spanning across 41 states nationwide. The company is expected to provide mortgage services to approximately 150,000 customers this year, and its annual loan volume is forecasted to exceed $6 billion while the servicing portfolio will surpass $19 billion.

“Gateway’s platform provides experienced loan professionals the perfect balance of support and products that nurture their entrepreneurial aspirations and goals,” said Scott Henley, executive vice president, west division. “We focus on hiring talented people in key markets like Nevada, and we are confident that Joe brings the right approach and experience to accomplish great things.”

Gateway Mortgage Group has been recognized 23 times as an industry leader over the past 5 years. In 2017, the company received the award of a 7-time honoree on the Inc. Magazine Inc. 5000 list, an accolade bestowed on less than 2% of all companies that have appeared on this prestigious list.

“As we build upon Gateway’s heritage of success, we look forward to our growth in Nevada and to additional new markets in the coming months,” Stitt added.

About Gateway Mortgage Group, LLC.
Founded in 2000, Oklahoma-based Gateway Mortgage Group LLC (NMLS ID 7233) 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, including state specific licensing, visit www.GatewayLoan.com.

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