Information Disclaimer

**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information found on this page should be considered as opinion and not fact based on our experience with lenders over 10+ years. Consult your mortgage servicer directly or a professional before using any of the information found on this site. If you are seeking an intermediary to assist you in getting help with your mortgage you may contact us at 888-934-3444 or via email at [email protected] for further review for a no fee, no obligation, consultation. If required you may be referred to a local professional or legal counsel for additional assistance with your mortgage. Please read through our Disclaimer page for additional details. We do not represent in any way any financial institution named on this page. If you feel that any of this information has become outdated or is incorrect please contact us immediately.**

Gateway Mortgage Group Short Sale

Gateway RMA Short Sale Package

Mortgage Assistance Form.

Short Sale Decline

Gateway Short Sale Denied?

Gateway Mortgage Short Sale Negotiators. We're On Top.


Gateway Mortgage Short Sale Process

Most of the investor will require you to first apply for Gateway Loan Modification but once you have been declined for it the Short sale process is pretty basic:

  1. We will have to talk to the councellor of Gateway Mortgage over the phone to initiate the short sale process with them.
  2. You will be required to complete and submit the Gateway Request for Mortgage Assistance.
  3. Property valuation will have to be scheduled and completed using a Broker’s Proce Opinion (Certain Investors Require Two Interior Inspections)
  4. Terms will have to be negotiated with Gateway About Short Sale Fees And Costs To Be Paid Out Of The Seller’s Proceeds.
  5. Lender (Gateway Mortgage) provides A Response To Short Sale Offer Made.

The short sale process with the Gateway Mortgage is never easy. There are many difficulties which have to be faced during the process. Repeating the same steps over and over again is typical during Gateway short sale. It’s part of the process to know that we will have to run around from department to department at Gateway Mortgage. The Loan Modifiation Department maybe needs to close it out, or the short sale department doesn’t have someone assigned to Gateway Customers Service Department; Above all you need to know better when they are sending you in the wrong direction. Often clients come to us after submitting the wrong information on their application, getting denied, and not being able to figure out what happened. We can help you review any declines.

Gateway Mortgage Short Sale Timeline

When dealing with Gateway Mortgage’s Short Sale timelines vary on some very basic and other not so basic elements. These are just a few of the hoops we jump through when dealing with a short sale.

  • For one, Gateway is a company that only provides servicing of mortgage notes. Therefore, Gateway’s mortgage division has to abide by the PSA or Pooling and Servicing Agreement that governs the loans. This contract is directly between servicer and investor. Making all the decision themselves is not an option for Gateway Mortgage. For the decisions they are not allowed to make they have to get approval from the investor. Some investors such as Fannie Mae (FNMA) and Freddie Mac (FHLMC) have pulled almost all decision making authority from many servicers. As always the greater the number of hands in the put the more layers of burueacracy you’re going to deal with.
  • Additionally, The fact that whether your Gateway loan has a sale date or not greatly effects the short sale timeline. If it comes to stopping the sale so that the Gateway short sale process can be completed, they can be very difficult to deal with. Your chances of getting bumped up in the process improve greatly if you can get a value completed. A company of Gateway Mortgage’s size has homes being sold at auction every day. Sale dates even for the coming week are not working with ugency. Remember this business is a first come first serve but it is also influenced by foreclosure status and proximity to the sale date.
  • Finally, not all negotiators are good negotiators. This goes for both sides. Often miscomunication In the banking world can lead to certain failure. People become very specialized in this niche of representing homeowners infront of Gateway Mortgage in these financial application processes to find mortgage assistance. Often you will be put though the multiple levels of management including approval from an investor as mentioned above depending on what their total losses are.

Gateway Short Sale Timeline Conclusion: Your Gateway Short Sale Timeline will vary based on many different factors. Decisions can be made in house will clearly be quicker than those that have to be sent out for appoval., what the value comes back at from the appraisal completed by Gateway’s Short Sale Department compared to what the offer is that is being made to them, how fast Gateway’s Loss Mitigation department received the Gateway Short Sale Application documents are received (readble) and other factors will come together to effect how long it will take for your Gateway Short Sale to be Approved.

If Your Gateway Short Sale Was Denied There May Still Be Options.


How To Fix A Gateway Short Sale Decline?

Often dealing with Gateway Loans and how they deal with short sale buyers offers being declined may be confusing. Often they will not be clear not only as to why but if there is anything that can be done to fix it.  Here at ACG we review dozens of points in order to understand why your Gateway short sale offer was rejected. Have us review your declined short sale for free by calling us at 888-934-3444.

Gateway Mortgage Servicing Contact Information

Gateway Mortgage Customers

Gateway Loan Servicing Complaints

Gateway Mortgage Short Sale Reviews

Gateway Short Sale Complaints

Often we have gotten on the phone with a Gateway Loan for one of our Customers where we received an offer that changed at a later date. They told us the loan modification was approved and then later it was declined.

Gateway 1 Star Review:

Applied for a HardShip 3 times to get monthly payments lower – Me and my husband was lied to and asked to provide all kind of silly information. Were lied to by Shannon ** and Laurel **. Then was told, “Oh yes your file is looking good.” But every week they kept coming back saying we need more information until we just got tired of the song and dance.

Gloria, Desoto, TX

Gateway 1 Star Review:

This is not a reputable company. Check the reviews. They said they could do a deal and couldn’t. I would strongly recommend against doing any business with them. I sure wouldn’t vote for their CEO of for the next Oklahoma governor.

Gus, Tulsa, OK

Don't Be A 1 Star Review


Don't Be A 1 Star Review


Gateway 1 Star Review:

Gateway is trying to tell me how and when to make my payments; it’s now policy that it’s FREE to pay online when recurring payment is set-up, but now if you want to pay from your checking account when you want, you have to pay a service charge. I didn’t get a chance to choose Gateway Mortgage Group because the loan was sold. I don’t want them to make any more money off of me if they are going to treat us like **. Maybe it is time to refinance the loan just to get rid of them? Seriously squeezing money out of us as much they can, as if the hundreds of thousands of dollars in interest isn’t enough. We have to pay, to pay.

Evalia Z., San Diego, CA

1 Star Situations Happen Every Day


ACG 5 Star Review:

Tried modifying my mortgage loan on my own, twice actually, but no luck. Until I called ACG. [I] got my loan mod approved and all is well.

Michael, Woodland Hills, CA

ACG 5 Star Review:

We were struggling trying to get assistance in keeping our home for over a year when I was introduced to ACG Today both my homes are modified and our family has a chance for a fresh start.

Patricia, Porter Ranch, CA

ACG 5 Star Review:

I have worked with [the] team personally and professionally referring them many clients over the past few years. If you need help with a loan modification, short sale, or want to avoid foreclosure I highly suggest you use Absolute Consultant Group!

Daniel, Santa Clarita, CA

You Know You can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Gateway Mortgage.

You Know You can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Gateway Mortgage.

Gateway Mortgage Short Sale News

Gateway Mortgage Group Loan Modification

**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information...

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