Gateway Funding, Princeton, NJ, Reports Upswing in Spring Housing Market

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Gateway Funding, a full service mortgage banker, reports a strong turn in the New Jersey housing market and the positive impact it has had on their business.

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We see this recovery as an excellent opportunity to provide customized services to potential buyers and sellers, offering a personal touch that we are so proud of

Gateway Funding Diversified Mortgage Services, L.P., a full service mortgage banker in Princeton, NJ, has seen a strong turn in New Jersey housing market which could indicate that the market recovery is well underway despite what some economists have predicted.

The housing supply in New Jersey is dwindling, while prices continue to rise. Multiple offers are being made on a single property, and many homes have been reportedly sold prior to being listed for sale, including homes priced over $1,500,000. According to CoreLogic HPI® report that was recently released this trend is nationwide, sales have increased on a year-over-year basis by 9.7 percent, and February was the 11th consecutive monthly increase in home sales since March 2011.

“There is evidence that as housing prices rise, more and more sellers may wish to sell, so we do not see the lack of supply as a medium or long term negative issue for the firm. We see this recovery as an excellent opportunity to provide customized services to potential buyers and sellers, offering a personal touch that we are so proud of.” Jennifer Hayden, Gateway Funding Loan Originator

For the past 19 years Gateway Funding has been lending directly in Mercer County as well as the surrounding counties and eastern Pennsylvania.

Even with the influx of business due to improvement in the local market, Gateway Funding is currently running 30 days from start of the loan origination process to the closing date for motivated buyers, a turn-around time that is tough to beat in the industry. There are a number of tactics and strategies that can be employed to win a home today, all of which require putting together a winning team of personable professionals. Gateway Funding is dedicated to guiding customers through the lending process for purchasing, refinancing, or home improvement loans. With numerous diverse and flexible programs, specialists can find the perfect solution to satisfy lending needs.

About Gateway Funding:
Gateway Funding Diversified Mortgage Services, L.P. is a full service mortgage banker offering a diverse product portfolio. Our knowledgeable and seasoned mortgage specialists are committed to helping borrowers achieve the dream of home ownership. Gateway Funding recognizes the challenges borrowers face today, and we are determined to find the best possible solution for your current financial needs. We provide the information and guidance you will need to make this important decision. For more information please visit us at http://www.gatewayfunding.com

Jennifer Hayden, NMLS #183775; License by the NJ Dept. of Banking and Insurance; Licensed by the PA Dept. of Banking; Gateway Funding Diversified Mortgage Services, L.P. NMLS #1071; NJ Residential Mortgage Lender License (#9601232); Licensed by the PA Department of Banking (License #21474). This is not an offer to extend credit to any individual who may be entitled to a more complete disclosure per RESPA, TILA, HOEPA or any other more applicable federal, state or local law or regulation. Rates, Terms, Fees, Products, Programs and Equity requirements are subject to change without notice. For qualified borrowers only. © 2013 Gateway Funding Diversified Mortgage Services, L.P. Equal Housing Lender.

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