Frank Sena - Gateway Mortgage

May your Christmas be blessed with the love and warmth of family and friends.

10 Best Metros For First Time Home Buyers in 2023

Akron...Little Rock...Pittsburgh...Tulsa...Wichita...

What do these five cities have in common? They all made Zillow's list of the top ten best metros for first-time homebuyers in 2023 and are markets we serve. Check out the list, then contact your local Gateway mortgage specialist to get started on your journey to homeownership!

http://ow.ly/H2GQ50MbHrs

10 Best Metros For First Time Home Buyers in 2023 After the pandemic fueled bidding wars, the number of shoppers in the housing market has fallen. And although housing affordability is extremely challenging these days, some markets fare better than others for first time home buyers.

Gateway Mortgage has long supported our nation's deserving Veterans, so we applaud the passing of this bill that helps to ensure our nation’s servicemembers, veterans, and their families have access to more affordable, sustainable homeownership opportunities through the Department of Veterans Affairs’ (VA) Home Loan Program. We are proud to support this measure that helps us help our Veterans.

http://ow.ly/u2rK50MbGhE

Season’s Greetings from all of us at Gateway. Please note that our bank branches and offices are closed on December 26 and Jan 2. We hope you have a restful and enjoyable holiday with your loved ones and friends, and we wish you all the best for the New Year.

We are excited to share that the FHA announced a policy update that will allow lenders to consider private flood insurance for FHA loans, granting more flexibility for FHA borrowers. Contact your Gateway mortgage specialist for details.

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We're not saying we can work miracles, but in some circumstances, it may seem like we can! 🙌

Buying a home now, at the current interest rate leads to three options in the future...
🏆 Win
✅ Draw
🏆 Win

What if the house is love at first sight, 😍 but the rate isn't?

Gateway makes it easy to marry the house and date the rate with our Rate Relief Refinance program. When you close on a home before January 31, 2023, you can refinance later with no lender fees. Ask a Gateway mortgage professional for details today!

Gateway has been named to the 2022 Top Workplaces recognition list by The Oklahoman newspaper. Culture is at the heart of our success, and our culture's key component is our people! 🏆🤩

Learn more: http://ow.ly/Qf3350LSY4w

If you're ready to be in your new home for the holidays, go with a lender who has a history of closing loans on time. We're here to answer your home loan questions!

Conforming loan limits are increasing for 2023 – which means you may be able to afford more home than you initially thought. Contact a Gateway loan originator to see how you could benefit.

We get it. Today's mortgage interest rates can be heartbreaking.💔 But, our Rate Relief Refinance program can ease the pain by allowing you to refinance later with no lender fees when you close on a home before January 31, 2023.

Reach out to a Gateway mortgage specialist today for details!

If you are purchasing a house that needs new carpet, paint, appliances, or other upgrades, buying in the fall may save you money beyond the purchase price of the home. Many of these items are at their lowest prices in the fall. According to Consumer Reports, September is the best time to buy paint and carpeting and the best time to purchase major appliances is November and December.

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Even if you close on the last day of the year, you can apply the property taxes you paid and any interest or points (pre-paid interest to lower interest rates) on a home purchase to offset your income for that entire calendar year. This could be a significant advantage when April rolls around. Consult your tax or financial planning professional to determine how to leverage the timing details and other aspects of your purchase to your benefit.

Kerry appreciated the remote closing and smooth loan process at Gateway. 🙌🏆

Wondering if home prices will drop if we have a recession?

Over the past 60 years and outside of the 2008 bubble, housing prices have continued to rise through every other recession. So, if you are waiting for a price dip before purchasing a home, you might be waiting a while!

Give us a call to discuss your options and learn how we can help.

Why should you buy a home in the fall? During prime selling months, everyone involved in real estate transactions tends to be swamped. In fall, however, real estate agents, lenders, inspectors, title companies, moving companies, etc., experience a lighter schedule, giving them more time and energy to focus on helping you. In general, their response time will be improved, and your experience may be less stressful and more snag-free.

On this day, we honor all current and former members of the Armed Services. Our country’s greatness is built on the foundation of your courage and sacrifice. Thank you! 🙏🎖️

Did you know you can literally buy a lower interest rate? A buydown allows you to make a cash payment at the beginning of the loan in exchange for a lower interest rate for up to three years, allowing you to ease into the payment of your new home.

Lower Rate = Lower Monthly Payments! Contact a Gateway mortgage specialist to learn more.

Cynthia appreciates our smooth process - and we appreciate the great review! 💙🧡

Fall is a great time to shop for a home! Potential buyers with children are less likely to be in the market once school has started. Plus, other autumn buyers may become hampered by inclement weather, shorter daylight hours, and holiday demands. If you are flexible, less competition in the fall can pay off for you! Contact me today before you start 🍂

Remember to turn back your clocks on Saturday night to enjoy an extra hour of sleep!

Fall isn’t usually considered the best time to sell a home, but savvy home shoppers are starting to realize that buying a home in the fall might be a wise decision. Because most homes sell in the spring and summer, fall sellers become more motivated to take offers they wouldn’t have considered during prime listing season. The longer a house has been on the market, the more likely a seller is willing to negotiate on everything from price, to closing costs, to move-in dates. Contact me to help you navigate financing the home you fall in love with! 🍂

Sometimes elderly parents need help purchasing a home. If your parents don’t generate enough income to qualify for a mortgage loan, you might be able to take advantage of our special program to help them get into a home. 🏡👴👵

http://ow.ly/lY3O50Lq6yc

Happy Halloween from Gateway! 🎃

Our engagement team, aka had a great time capturing all the fun activities happening today at work. Here’s a little snapshot of today’s shenanigans. 🎃🍂

Congratulations to John Kim on his promotion to Chief Financial Officer (CFO) for Gateway First Bank! We are incredibly fortunate to have someone of John’s caliber and financial expertise on our team!
https://www.gatewayfirst.com/newsroom/gateway-first-bank-promotes-john-kim-to-chief-financial-officer

Freddie Mac recently announced it will include borrower bank account data in its mortgage underwriting to help lenders qualify more borrowers for a mortgage.

https://www.scotsmanguide.com/browse/content/freddie-adds-reviews-of-borrower-bank-account-data-to-help-underserved-applicants

It’s important to feel motivated and inspired in your career! Listen to what Tina Knaut - Gateway Mortgage has to say about working at Gateway! If you're a self-sourced Loan Originator or Sales Manager with a team, consider joining us - reach out to [email protected] or call 210-380-2516.

https://youtu.be/K1uI6-hSRyg

Check out Gateway's one-time construction loan for homebuyers. This solution combines the construction loan with the permanent financing (mortgage) at the beginning of the home-building process, locking in your rate at the optimal time and saving money on second closing costs. 🔨🏡

Learn more: http://ow.ly/lshT50LekfG

According to our client Mike, the second AND third time are the charm! ✨🍀

Calling all homebuilders! 🏡🔨

Today’s market calls for more financing options, and Gateway’s Temporary Buydown program may be just what you need to increase sales. A buydown temporarily reduces the interest rate, saving the borrower money in their monthly payments for a limited period, allowing your clients to ease into their monthly payments. Contact us to learn how you can take advantage of this opportunity to help you sell more homes!

Gateway Recruiting Award Winning Benefits

Join the team with the best benefits! Our employees have not had an increase in insurance premiums in 7 years! If you're a self-sourced Loan Originator or Sales Manager with a team, consider joining us! Learn more about our award-winning benefits in this video! Then reach out to [email protected] or call 210-380-2516.
http://ow.ly/uSAY50L3w4g

Gateway Recruiting Award Winning Benefits

If you plan to sell your home, you might want to consider making some upgrades. Not every upgrade needs to break the bank. Depending on your home and budget, different upgrades might make more sense for you. To figure out what works best, check out these options: http://ow.ly/ei7050KW8al

We've been known to jump hurdles from time to time! 🏃🏅

College is an expensive investment that requires planning years before your child becomes a college student. We have compiled a list of the best savings plans options with the pros and cons of each so you can figure out the right fit for you and your family. http://ow.ly/IVGR50KI2pw

📣 Effective immediately. Our maximum conforming limit has increased from $647,200 to $715,000. ⚠️

We will never forget.

Great news! Coming soon, Gateway Mortgage’s new conforming loan limit will be $715,000. Call your Gateway mortgage specialist for details. 🏡

Happy Labor Day from Gateway!

Learn more about the Gateway difference from Steven Plaisance, President of Mortgage Banking! https://youtu.be/JWw8yV6Z_zg

First time homebuyer, Amy was happy to have a team that made the mortgage process un-overwhelming. 😎🤝

Packing up your whole life and making a new house a home is a large endeavor. While moving into a new home is exciting, it can be an overwhelming process. Check out these tips to prepare you and your family for a stress-free moving day: https://www.gatewayfirst.com/blog/8-tips-for-making-moving-day-stress-free 📦🚚☺️

Thank you George, for expressing your appreciation of what we do best! 🏡🦮💯

Don't let higher interest rates scare you out of home ownership. Committing to the house doesn't mean you have to commit to the financing forever. With an Adjustable Rate Mortgage (ARM), you can fall in love with the home while you just 'date the rate'. Ask one of our mortgage specialists if an ARM is right for you.💍💐 http://ow.ly/nPyF50K9OY2

It’s easy to get wrapped up in both the stress and the potential excitement of searching for a new job. Cybercriminals are taking advantage of this by using fake jobs to steal identities and money from unsuspecting victims. Check out these six tips for avoiding employment scams: https://www.gatewayfirst.com/blog/six-things-to-watch-for-to-avoid-employment-scams