Gateway Bank of Central Florida has announced an affiliation arrangement with Prime Mortgage Group, to provide in-house residential loan processing, underwriting and closing.
A Prime Mortgage Group sales staff will provide Gateway Bank of Central Florida customers with residential loan services through the bank’s offices in Ocala and Gainesville.
“Being able to service residential mortgage accounts for customers in-house through our affiliated relationship is unique to the industry,” said Raymond Andrews, President of Prime Mortgage Group.
The partnership, according to Gateway Bank of Central Florida CEO Thomas Ingram, provides a “prime residential mortgage experience for Gateway customers looking to work with a locally-based, highly experienced, in-house team of professionals.”
Prime Mortgage Group offers primary, secondary and investment financing solutions for single family residential homes, offering most conventional, government, Jumbo and construction to permanent mortgage products.
About Gateway Bank of Central Florida
Gateway Bank of Central Florida is an independent community bank serving business and personal banking customers in Alachua and Marion counties including the cities of Gainesville, Alachua and Ocala.
As of 2/29/16, the bank held Total Assets of $278 million and Deposits of $236 million. Also at 2/29/16 the bank posted a Tier One Capital Ratio of 11.14%.
The shareholders and directors of Gateway Bank of Central Florida are primarily residents of the market area served by the bank. The Board of Directors includes Chairman of the Board of Directors, Bob Dale, retired CPA; Vice Chairman of the Board, Richard Andrews, retired Barnett Bank executive; Gateway Bank of Central Florida, Chief Executive Officer, Thomas D. Ingram; Gateway Bank of Central Florida, President, Rusty Branson; Gateway Bank of Central Florida, Alachua Market President, Danny Gilliland; Barry Bullard Homes, President, Barry Bullard; Gateway Bank of Florida, Chief Executive Officer and President, David K. Maholias; McBride Land & Development Company, President, Sandy McBride; First American Title Insurance Company, Area Manager, Kenneth MacKay; Roberts Real Estate, Inc., President, Carolyn K. Roberts, CEO; founding Principal of Causseaux, Hewett & Walpole, Inc. (CHW), Rory Causseaux and Contemporary Management Concepts, Chief Executive Officer, Debbie Berdy.