FOR IMMEDIATE RELEASE:
St. Louis, MO (January 2, 2015) – Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage banking firm, is proud to be recognized as a Top USDA Lender in Missouri for the second year in a row.
Cornerstone advanced from the #3 position in 2013 to the #2 spot in 2014. The company closed 303 USDA home loans this year alone. Cornerstone’s USDA total loan production reached nearly $35 million in 2014. Cornerstone will continue to partner with the USDA Housing Program in the future to assist families to achieve affordable financing for USDA eligible properties.
When asked about this recognition, President/CEO, Jim Dean, stated “We are extremely honored to be recognized as the #2 lender by the USDA Rural Development. I know the reason we improve each year is because of the great loan officers, support staff and management at Cornerstone. We will continue to offer programs and opportunities to help those who want to achieve the dream of homeownership.”
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 as one of the fastest growing mortgage companies in America 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.
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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.
Jim Dean, President
Cornerstone Mortgage, Inc.
17280 N Outer 40 Rd., Suite 100
Chesterfield, MO 63005