JENKS, Okla., November 9, 2017 – Gateway Mortgage Group, founded by Kevin Stitt, 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+ Mortgage Centers 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 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.”
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 First Bank
Gateway First Bank is a leading financial institution that provides banking and mortgage services for consumers and commercial customers. Headquartered in Jenks, Oklahoma, Gateway is a $1.9 billion asset sized bank with a strong mortgage operation. Gateway is one of the largest banking and mortgage operations in the United States with six bank branches in Oklahoma, over 160 mortgage centers in 42 states, and almost 1,600 employees. Learn more at www.GatewayFirst.com. Member FDIC, Equal Housing Lender (NMLS 7233)
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