Gateway Mortgage Group

What Gateway Mortgage Group does

Gateway Mortgage Group operates through its parent, Gateway First Bank, an FDIC-insured community bank headquartered in Jenks, Oklahoma, founded in 2000. The institution runs two principal divisions: a community banking arm with 8 physical banking centers across Oklahoma, and a national mortgage origination division branded Gateway Mortgage operating approximately 70 mortgage locations across the United States under Gateway Mortgage Group, LLC (a wholly owned subsidiary). The banking division offers personal checking, savings, CDs, credit cards, personal and auto loans, private banking, and trust services, alongside business banking (commercial lending, treasury management, agriculture, public banking) and wealth management. The mortgage division originates purchase, refinance, and renovation loans across conventional, FHA, VA, USDA, FHA 203(k), Fannie Mae HomeReady, and Freddie Mac Home Possible programs, supported by a dedicated Military Mortgage Advisor team and the proprietary Lock & Shop rate-lock program.

The underlying technology stack is a digital mortgage platform providing end-to-end online application, document upload, loan tracking, and e-signature closing; a mobile banking application for iOS and Android with remote deposit capture, bill pay, transfers, and card controls (powered by FIS SecurLOCK); and treasury management digital products ZEscrow (escrow, trust, and segregated account workflows for property managers, HOAs, attorneys, and 1031 intermediaries) and ZRent (rent collection for landlords), both launched in April 2026. The bank also participated in December 2025 in the industry's first fully on-chain electronic brokered CD auction via Tradeweb's retail platform using Alphaledger's blockchain. Gateway additionally runs a correspondent lending channel (gatewaycorrespondent.com).

The business model combines net interest income from residential, commercial, consumer, and agricultural loan portfolios (offset by interest on deposits); transaction-based mortgage origination fees, rate-lock fees, and loan processing charges; mortgage servicing revenue (escrow management, late fees, modification fees); deposit and treasury-related banking fees; and managed services from ZEscrow/ZRent. Distribution is hybrid: physical banking centers in Oklahoma serve consumer and small business customers, while a national network of loan originators and a self-service online application serve mortgage customers nationwide. Community development and CRA-aligned lending (FHLBank Topeka affordable housing grants, Habitat for Humanity, Folds of Honor) reinforce the institution's positioning among the largest financial institutions in Oklahoma with assets exceeding $2 billion and a headcount of approximately 600.

Name

Gateway Mortgage Group

Legal name

Gateway First Bank

Website

https://gatewayfirst.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Gateway Mortgage Group operates through Gateway First Bank, a Jenks, Oklahoma-based FDIC-insured community bank with $2B+ in assets, combining 8 Oklahoma banking centers with a national ~70-location mortgage origination division serving consumers, veterans, businesses, and public entities.

Ownership category

akta.pro rank

Product category

Retail and Commercial Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

Mortgage Bankers & Loan Correspondents (6162), State Commercial Banks (6022)

akta.pro primary industry

Bank Branch / Retail Purchase Mortgages (FSALAAAA)

akta.pro secondary industries

Purchase Mortgage Origination (Homebuyer Focused) (FSALAAAD), Prime (Agency/Conforming) Mortgage Servicing (FSALAEAA)

Keywords

• Retail banking services
• Residential mortgage lending
• Commercial lending
• Treasury management solutions
• Agricultural banking

Headquarters

HQ city

Jenks

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Gateway earns interest income from its loan portfolio including residential mortgages, commercial loans, consumer loans, and agricultural loans, offset by interest paid on deposits such as checking, savings, and certificates of deposit. This is the primary revenue driver for the bank.
2. Mortgage Origination Fees: Revenue generated from originating mortgage loans for borrowers, including origination fees, rate lock fees, and other loan processing charges. Gateway originates mortgages nationally through its mortgage division.
3. Banking Fees and Service Charges: Fees from deposit accounts including checking account service charges, overdraft fees, wire transfer fees, and other banking service charges. Also includes fees for services such as check ordering and wire transfers.
4. Mortgage Servicing: Revenue from servicing mortgage loans, including collecting monthly payments, managing escrow accounts, and handling escrow disbursements for taxes and insurance. Also includes income from late payment fees and loan modification fees.
5. Treasury Management Services: Fees from cash management and treasury solutions including ZEscrow and ZRent platforms, serving business clients with advanced fund management, rent collection, and treasury operations tools.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Gateway Mortgage Group, a division of Gateway First Bank, provides residential mortgage lending nationwide through approximately 70 mortgage locations alongside a community banking franchise in Oklahoma with 8 banking centers. The bank offers personal banking (checking, savings, CDs, credit cards, personal loans), business banking (business accounts, commercial lending, agriculture lending, treasury management), wealth management, and public banking services, supported by digital mortgage applications, mobile banking, and treasury management platforms (ZEscrow, ZRent).

Product overview

Gateway Mortgage Group (Gateway First Bank) is a full-service financial institution headquartered in Jenks, Oklahoma, operating across two primary divisions: Banking and Mortgage. The banking division offers personal banking (checking, savings, CDs, credit cards, personal loans, private banking, and trust services), business banking (business checking, savings, loans, commercial lending, treasury/cash management, agriculture banking, and public banking), and wealth management. The mortgage division operates nationally through approximately 70 mortgage locations under the Gateway Mortgage brand, providing residential purchase, refinance, and renovation loans. Mortgage products include Conventional Loans, FHA Loans, VA Home Loans, USDA Rural Loans, Lock & Shop rate-lock programs, FHA 203(k) renovation mortgages, Fannie Mae HomeReady, and Freddie Mac Home Possible. Both divisions are supported by Gateway's digital banking tools platform, which includes a mobile banking app with remote deposit capture and mobile check deposit, a suite of mortgage calculators (mortgage, affordability, rent vs. buy), and online account management portals. In 2026, Gateway launched ZEscrow and ZRent as new Treasury Management digital products. Gateway Mortgage Group is a division of Gateway First Bank, which holds over $2 billion in assets, operates eight banking centers in Oklahoma, and employs approximately 600 people.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Mortgage Lending Residential mortgage lending offered nationally through ~70 mortgage locations, providing purchase, refinance, and renovation loan products supported by a digital mortgage experience and a national team of loan originators and loan officers.
• Conventional Loans Conventional mortgage loans with flexible terms, competitive rates, and fixed-rate or adjustable-rate programs. Down payments as low as 3%; PMI avoided with 20% down payment.
• FHA Loans FHA-insured loans for first-time homebuyers or those with limited down payment capital or less-than-perfect credit. Down payments as low as 3.5%, flexible credit guidelines, and fixed-rate or ARM options.
• VA Home Loans VA-backed mortgage products for military families offering up to 100% financing, no down payment, no PMI, competitive rates, and flexible credit guidelines with dedicated certified advisors and a streamlined online application process.
• USDA Rural Home Loans USDA-backed loans for homebuyers in designated rural areas with low-to-moderate income, requiring no down payment and offering favorable rates and flexible credit qualifications.
• Lock & Shop Rate-Lock Program Rate-lock program allowing qualified homebuyers to lock their mortgage rate for up to 30 days before having a fully executed sales contract, usable across most loan programs.
• FHA 203(k) Renovation Mortgage FHA-backed renovation mortgage combining home purchase or refinance with the cost of approved renovations into a single loan; Standard version covers repairs exceeding $35,000; Limited version covers repairs below $35,000; down payments as low as 3.5%.
• Fannie Mae HomeReady Fannie Mae low-down-payment mortgage enabling homeownership with down payments as low as 3%, allowing non-occupant borrowers for qualification and featuring favorable PMI conditions for low-to-moderate income borrowers.
• Freddie Mac Home Possible and Home Possible Advantage Freddie Mac program tailored for underserved markets and high-cost areas, offering down payments as low as 3%, flexible income and qualification requirements, and higher loan/income limits.
• Personal Banking Personal banking suite offered through Gateway's branch network, including checking accounts, savings accounts, certificates of deposit (CDs), credit cards, personal loans, auto loans, home improvement loans, private banking, and trust services.
• Business Banking Business banking suite covering business checking, business savings, business loans, commercial lending, treasury/cash management, agriculture banking, business credit cards, and home improvement loan products.
• Wealth Management Wealth management services provided through Gateway, complementing the bank's personal and business banking offerings to serve high-net-worth individuals and families.
• Public Banking Banking services tailored for public entities and municipal clients, with public banking representatives who assist with certificates of deposit and treasury management for government deposits.
• Agriculture Banking Specialized banking services for agricultural customers, including business checking, savings, and loans tailored to the needs of farms and agricultural operations, integrated within Gateway's business banking suite.
• ZEscrow Treasury Management Platform Advanced Treasury Management solution providing secure digital workflows for managing escrow, trust, and segregated accounts, targeted at property managers, HOAs, attorneys, and 1031 exchange intermediaries.
• ZRent Rent Collection Platform Modern digital rent collection platform within Treasury Management that simplifies payment processing for property managers and landlords while enhancing the tenant experience.

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core.

• FHLBank TopekacoreStrategic or Co-development Partner · 10 March 2026Gateway First Bank co-applied with Stillwater Habitat for Humanity for a $300,000 Affordable Housing Program (AHP) grant from FHLBank Topeka to support the Pioneer Way affordable housing development. Gateway supported the grant application and will provide mortgage financing to qualified buyers. FHLBank Topeka is one of 11 Federal Home Loan Banks serving member financial institutions across Colorado, Kansas, Nebraska, and Oklahoma.
• Stillwater Habitat for HumanitycoreStrategic or Co-development Partner · 10 March 2026Stillwater Habitat for Humanity received a $300,000 AHP grant co-applied by Gateway First Bank and FHLBank Topeka to support Phase 1 of the Fern Street Development (Pioneer Way neighborhood), which will include 5 single-family affordable homes with 5 more planned. Gateway will provide mortgage financing to qualified buyers in the development.
• Tradeweb Markets Inc.coreTechnology or Integration · 15 December 2025Gateway First Bank participated in the industry's first fully electronic on-chain auction for brokered certificates of deposit, executed on Tradeweb's retail platform using Alphaledger's blockchain technology. The transaction between Gateway and InspereX marked a key step toward modernizing the traditionally manual brokered CD market, bringing electronic efficiency, transparency, and real-time settlement to CD issuance.
• AlphaledgercoreTechnology or Integration · 15 December 2025Alphaledger provides the blockchain infrastructure (Vulcan Forge platform) powering Tradeweb's on-chain brokered CD auction in which Gateway First Bank participated. Alphaledger's technology creates instantaneous, immutable, and cryptographically verified auction records, eliminating manual reconciliation and third-party verification needs for the issuance process.
• InspereXcoreChannel Partner/ Reseller/ Distributor · 15 December 2025InspereX served as the counterparty in Gateway First Bank's inaugural on-chain brokered CD auction on Tradeweb's platform. InspereX distributes fixed income products to wealth management firms and institutional clients, with over $800 billion in securities distributed and connections to more than 1,500 partner firms.
• Folds of HonorcoreStrategic or Co-development PartnerGateway supports Folds of Honor by donating for every home loan closed. To date, contributions exceed $615,000, supporting services for families of fallen and injured service men and women. Folds of Honor provides educational scholarships to family members of disabled or fallen military personnel and first responders.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• loanDepot: National retail and wholesale mortgage lender with significant FHA/VA program volume. Comparable to Gateway in retail mortgage product breadth and government-backed loan orientation.
• Rocket Mortgage: Largest U.S. retail mortgage originator with a national direct-to-consumer digital platform and government-backed loan programs (FHA, VA, USDA). Directly comparable to Gateway's national mortgage origination division, though with a fundamentally different cost structure and brand reach.
• BancFirst Corporation: Oklahoma-chartered commercial bank with statewide branch network, treasury, and mortgage operations. Closely comparable to Gateway in scale, geography, and product mix as a regional Oklahoma commercial bank with mortgage origination.
• Arvest Bank: Oklahoma- and Arkansas-based regional bank with a sizable mortgage origination business and community banking footprint. Directly comparable to Gateway's hybrid community bank + mortgage model, and notably the prior employer of Gateway's current CEO Kyle Hubbard.
• Pennymac Financial Services: Public mortgage banker and servicer with national origination and large-scale MSR portfolio. Comparable to Gateway's combined origination + servicing revenue model across agency and government channels.
• United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender operating through the broker channel, with strong FHA/VA program expertise. Comparable to Gateway's correspondent/wholesale mortgage exposure and government-backed loan specialization.
• FirstBank (Oklahoma / First United Bank & Trust): Oklahoma-headquartered community bank offering personal, business, and mortgage lending with a community development orientation. Comparable in scale, geography, and community-bank-plus-mortgage product mix.
• BOK Financial: Oklahoma-headquartered bank holding company (BOKF) operating commercial banking, mortgage, and wealth management across multiple states. Comparable to Gateway's diversified banking + mortgage + treasury services model, though materially larger in assets.
• Guaranteed Rate: National retail and wholesale mortgage lender with digital origination and a focus on purchase mortgage market share. Comparable to Gateway's mortgage division in national footprint and product mix.

Broad incumbents

• Truist Financial Corporation: Large super-regional bank with a national mortgage division, small business banking, and commercial lending. Comparable in offering breadth but substantially larger and more geographically diversified than Gateway.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/GatewayMortgageGroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gateway Mortgage Group