Gateway Blog

A common concern clients express is about the mortgage terms changing if the loan is sold - that can feel like someone is throwing you a curve ball. What you want to look at with a mortgage loan company is what percentage of the loans it originates are still serviced by that company. Ask that up front, and get the statistics. Often, you can skip the sales talk if you just ask for the facts.

Gateway is currently servicing 95% or so of the loans we originate. This is an incredibly positive sign in your favor, and a stellar record. But that said, even if you were to be in one of the 5% of the loans that we sell, none of the terms of your loan can change.  The only thing that can change is who you make your payment too.

We'll post more tips like this for finding reliable and stellar mortgage providers. Or feel free to drop us a quick line, or e-mail us and ask us for a list of questions to ask any mortgage provider. We're always happy to give that advice away free. We're confident you'll find we compare favorably.