Housing Headlines: Gateway First Bank and Zillow Offers
Housing Headlines takes a look at the latest news in housing, real estate, fintech, and beyond. It features new product updates, launches, expansions, integrations, announcements, and more.
Gateway First Bank announced it opened 34 new mortgage centers in 2019 to meet increased demand from its local communities.
Now, Gateway First Bank has more than 160 mortgage centers across the United States and is licensed in 40 states.
“We are outperforming our competition and delivering for our clients faster than ever,” said Stephen Curry, Chairman and CEO of Gateway, in a release. “Our momentum is a testament to our team members’ persistent focus on hard work. I look forward to seeing Gateway continue to expand our footprint across the nation for our clients and the success of all of our team members.”
Zillow Offers has expanded to Tucson this week, allowing homeowners to avoid the hassle of selling their home.
By selling to Zillow Offers, sellers can avoid those hassles and focus on their new home sooner. The company says sellers will have the peace of mind of knowing when the sale will close, and exactly how much money they will get in net proceeds.
The service is also available across Maricopa County in the metro Phoenix area, where Zillow Offers first launched in April 2018.
Tucson is the 23rd market where Zillow Offers is available. Zillow, its parent company, has also announced plans to bring Zillow Offers to Cincinnati, Jacksonville, Florida, and Oklahoma City in 2020.
Zillow has established new partnerships across the country with regional homebuilders to help home shoppers transition into their new homes seamlessly.
With the help of Zillow Offers, home shoppers who buy a new construction home from one of Zillows homebuilder partners can sell their existing home directly to Zillow.
Homebuilder partners will also have an extended closing period – anywhere from seven days to eight months – so the worry of their existing home won’t interfere with the move-in date of their new construction home.
Partners include: The Providence Group in Atlanta; NewStyle Communities in Charlotte, N.C.; Kindred Homes in Dallas and San Antonio, Texas; Saratoga Homes in Houston; Avex Homes in Orlando, Florida; Woodbridge Pacific Group in Riverside, California; Caviness & Cates, Drees Homes and Stanley Martin Homes in Raleigh, North Carolina, and Minto Communities in Florida.