GLENDALE, Ariz. (March 26, 2019) – Gateway Mortgage Group, LLC, a full-service mortgage company licensed in 40 states and District of Columbia, presented a check to Folds of Honor for $5,165 today at Gateway Mortgage Glendale office. Rachael Chapman, a Folds of Honor regional development officer, and Cole Ricke, a higher education scholarship recipient, attended the ceremony and accepted the donation on behalf of the organization.
“The stories of Folds of Honor lie in the stories of the families we serve,” said Rachael Chapman. “By continuing to stand with Folds, Gateway is advancing our mission of paying a tribute to those stories through support and continued education. With their help and commitment to strengthening families, we are confident that we will be able to raise even more support for military families.”
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 Randy Martin, regional vice president of Gateway Mortgage Group. “We are proud to partner and serve with an organization that does so much for our country’s veterans and their families.”
In 2018, Gateway funded more than $6.1 billion in residential mortgage loans while its servicing portfolio surpassed 100,000 customers and $18 billion. The company attributes its success to the hard work of its team members. In fact, Gateway Mortgage Group has been recognized twenty-six times as an industry leader including receiving the prestigious Hall of Fame accolade in 2018 from Inc. Magazine as one of the country’s fastest-growing privately held companies for the eighth time.
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 is one of the largest privately held mortgage origination and servicing companies in the United States. Founded 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).