Seguin, Texas (Feb. 21, 2019) – Gateway Mortgage Group, a full-service mortgage company licensed in 40 states and District of Columbia, presented a check to Folds of Honor for $6,365 today at the Seguin Public Library. Teresa Bowman, a Folds of Honor recipient, attended the ceremony and accepted the donation on behalf of Folds of Honor.
“I am honored to accept this generous donation on behalf of Folds of Honor,” said Teresa Bowman. “It is because of companies like Gateway we are able to continue to help the families of those who sacrificed their lives for our freedom and some the ultimate sacrifice.”
Gateway is committed to donating $5 for every mortgage loan closed through its retail locations. They currently operate more than 160 retail offices across the country. The company’s annual loan volume exceeded $6 billion in 2018, and its loan servicing portfolio eclipsed $18 billion.
“Freedom isn’t free, and we are acutely aware of that at Gateway,” said Bob Morris, regional vice president of Gateway Mortgage Group. “We’re proud to partner and serve with an organization that does so much for our country’s veterans and their families,” he added.
About Folds of Honor
Folds of Honor is a 501(C)(3) nonprofit organization, rated a four-star charity by Charity Navigator and platinum on GuideStar, that provides educational scholarships to the families of military men and women who have fallen or been disabled while on active duty in the United States armed forces. Our educational scholarships support private educational 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, a PGA Professional and F-16 fighter pilot in the Air Force Reserves who served three tours of duty in Iraq, the Folds of Honor is proud to have awarded nearly 20,000 scholarships in all 50 states and some US territories, including approximately 4,000 in 2018 alone. For more information or to donate in support of a Folds of Honor scholarship, please visit foldsofhonor.org.
Folds of Honor had more than 700 qualified applicants they were not able to award in 2018 totaling at least 3.5 million dollars in scholarship requests.
About Gateway Mortgage Group
Gateway, founded by Kevin Stitt, is one of the largest privately held mortgage origination and servicing companies in the United States. Established in 2000 and headquartered in Jenks, Oklahoma, the company employs more than 1,200 team members in over 160 offices nationwide and currently services $17 billion in residential mortgages. For more information about Gateway, visit www.GatewayLoan.com. Gateway Mortgage Group, LLC (NMLS 7233).