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FOR IMMEDIATE RELEASE:

Lee’s Summit, MO (April 10, 2013) – Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage-banking firm, is proud to announce they have opened a new 3000 square foot office located in Lee’s Summit, MO.

The new space, located at 200 NE Mulberry Street, Suite 101, is conveniently accessible from I-470 at the Northeast Douglas Street exit. The move will accommodate the company’s rapid growth and tremendous success in the mortgage business.

The original Lee’s Summit location was a satellite office with one employee. Regional Manager, Chris Scheer, has expanded the Lee’s Summit team by adding 3 new mortgage professionals, Brandi Martin, Aubrey Washington and Melanie Reed. Cheryl Bates and Valorie Ewigman have also joined the processing department as well. The addition of these employees gives Cornerstone an even stronger presence in the Lee’s Summit market place.

Chris Scheer is very enthusiastic about the expansion and new employees. He looks forward to his team fully utilizing their new work space. “Our goal is to provide superior service at a fair price. We focus on hiring talented and experienced individuals who are dedicated to our company’s goals. We believe our team and new location can facilitate this goal,” Mr. Scheer stated, when asked about the move.

Cornerstone aims to add more charitable events in the Kansas City area in the future. Their headquarters in St. Louis hosts an annual “Nurses for Newborns” charity golf tournament. They also hold a charity barbeque event with proceeds benefiting the St. Patrick’s center. Cornerstone plans to open 2 additional full-service mortgage banking locations in the next 24 months.

About Cornerstone Mortgage, Inc.:
Cornerstone Mortgage, Inc. has been in operation since 1995 and was founded by Jim Dean (President/CEO) and Angi Stevenson (Senior Vice President/COO). Cornerstone Mortgage, Inc. is currently licensed in six (6) states and has over 165 employees, with 14 locations and is rapidly growing. Jim Dean (President/CEO) was named one of the 100 Most Influential Mortgage Executives in America by Mortgage Executive Magazine in 2013 and 2014. Cornerstone Mortgage, Inc. is an A+ accredited lender with the Better Business Bureau and continues to have an outstanding reputation. In 2013, Cornerstone Mortgage, Inc. became the #1 largest lender in Missouri to have approvals from all three agencies: Freddie Mac, Ginnie Mae, and Fannie Mae. Cornerstone Mortgage, Inc. was named a Top 100 Mortgage Company in America by Mortgage Executive Magazine. The company was listed as one of the top-producing mortgage lenders in the country by Scotsman Guide. Angi Stevenson (Senior Vice President/COO) and Cornerstone were featured in Forbes Magazine in 2013. Revenues at Cornerstone have grown to exceed $26 million dollars annually, with closed loan production surpassing $900 million annually. Cornerstone is a ProLoan approved lender. Cornerstone has been featured on the fastest growing privately-held companies in America list by INC. 500/5000 for four (4) years in a row. Regionally, the company has been the #1 fastest growing mortgage banker in Missouri for the last five (5) years and is currently the 17th fastest growing privately-held company in the St. Louis region. The company is currently the 2nd largest privately-held mortgage banker in Missouri. Cornerstone is also a Top 2 USDA lender in Missouri. Processing, underwriting, and closing are completed locally by Cornerstone.

For More Information, Contact:
Chris Scheer, Regional Manager
Cornerstone Mortgage, Inc.
200 NE Mulberry St., Suite 101
Lee’s Summit, MO 64086
(816) 525-9910

The above information is for educational purposes only. All information, loan programs and interest rates are subject to change without notice. All loans subject to underwriter approval. Terms and conditions apply. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
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