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Home > Financial Services > Mortgage Brokers > Gateway Mortgage Group
Gateway Mortgage Group
A mortgage broker is an individual or firm that acts as an independent agent for both the borrower and the lender of a mortgage loan. Mortgage brokers are the middleman between you and the lending institution, which can be a bank, trust company, credit union, Mortgage Corporation, finance company or even an individual private investor. A mortgage broker will analyze your financial situation to determine which lender is the best fit for your loan needs. He or she will submit your mortgage application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. He or she receives a commission from the borrower if the loan closes.
Gateway Mortgage Group, Inc. has built a strong reputation as a leader in the mortgage industry, serving the lending needs of consumers throughout Florida, and gaining the well-deserved reputation for extraordinary customer service and wholesale pricing. Clearly, the Internet has become a formidable new distribution channel and cost-effective purchase mechanism that is impacting every aspect of the mortgage business. Gateway Mortgage Group, Inc. provides programs and rates -via the internet-all at wholesale rates. This site enables retail consumers to realize substantial savings and greater convenience through access to wholesale pricing, a wide range of programs, and reduced closing costs. The site also offers an easy to use online application process and provides a secure environment for consumers to submit their personal information. Their management team is highly experienced in the mortgage industry, and is committed to providing personalized hand-held service and support.
Loan programs provided by the company is no longer a time consuming process. Gateway Mortgage can provide the financing you need with many options to include maximum cash out. Their 100 percent financing assists borrowers with excellent credit but little or no money to put down as a deposit. Additionally, sellers can contribute towards the closing costs. The disadvantage of this loan is a higher interest rate. However the loan requires no monthly PMI insurance, which helps in reducing the overall monthly cost.
Gateway Mortgage Group knows their success depends on their ability to provide you with superior service and the lowest rates. They are always available to answer your questions and to help you understand every step of the home buying and refinancing process from application to closing.
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