June 1, 2022
Doorway Home Loans of Santa Ana, California, and Priority Mortgage of Worthington, Ohio, announce their joint effort to expand market reach and create greater efficiency for the combined mortgage team. The Doorway Home Loans Team will continue to operate under the “Doorway Home Loans” name; Priority Mortgage’s loan originators and operations staff will become part of Doorway Home Loans, going to market under “Priority Mortgage Team, Powered by Doorway Home Loans.”
During this time of industry consolidation, both companies saw a close cultural fit and potential synergies of a combined group. Priority’s 38 years and Doorway’s 35 years in residential direct lending are the results of deep, sustained relationships with their mortgage clients, authentic care of their people and referral partners, and relentless focus on process and service excellence. Combining the loan production of both businesses under Doorway Home Loans’ Fannie Mae and Ginnie Mae authorizations will ensure the sustainability of the combined team by offering ultra-low interest rates and committing to the Doorway 14-Day Closing Advantage Program to qualified homebuyers across the country.
“We are thrilled about working together with Priority Mortgage, which will propel us into new markets in the Eastern U.S.,” said Matt Danilowicz, Doorway Home Loans’ CEO. “Establishing an Ohio presence will balance out Doorway’s West Coast high-balance production and expand operational support to our eastern-region teams. With licenses in 30 states and growing, we want to ensure all our originators will receive the same high level of support and engagement.”
Josh Hill, CEO of Priority Mortgage, said: “For Priority Mortgage, this collaboration with Doorway represents a new chapter for our people. Our originators will now have access to a broader set of loan products to serve their borrowers. They will also be provided with an expansive set of industry-leading marketing, communications, and POS systems to grow and support their business and allow them to stay more connected with their customers and referral partners. Our operations team looks forward to becoming Doorway’s strategic operations center in the Eastern US.”
Matt Danilowicz will remain as the Chief Executive Officer of Doorway Home Loans. Josh Hill will join the Doorway Home Loans Executive Team as the Chief Technology Officer. Both Executive Teams will collaborate to ensure the success of this joint effort.
For more information about Priority Mortgage, please visit www.prioritymortgage.com.