FOR IMMEDIATE RELEASE:
St. Louis, MO (August 22, 2013) – Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage-banking firm is now ranked 23rd on the Top 100 Missouri Companies list and is featured on the fastest growing privately-held companies in America list by INC. 500/5000.
This is the second time Cornerstone has been recognized as one of the fastest growing mortgage bankers by Inc. Magazine. The list represents a comprehensive look at the most important segment of the economy, America’s independent entrepreneurs.
Cornerstone has grown by more than 153% over the past three years. The company’s revenues exceeded $24.6 million in 2012. Their tenth office, located in Imperial, Missouri, will open at the beginning of September this year. As the company rapidly grows each year, they continue to hire highly-qualified loan officers, managers and support staff. Cornerstone has added nearly 80 new employees to their organization since 2010.
When asked about the ranking, Angi Stevenson, Senior Vice President/COO, commented, “We could not reach these heights without the dedication, commitment, and focus of the entire Cornerstone team.”
Jim Dean, President/CEO, went on to say, “Our extraordinary growth and success can also be attributed to our ability to plan for the future. We are constantly developing new strategies and tactics to improve our operations. Our company works to stay ahead of the competition in this fast-paced industry and we always strive to be the best at what we do.”
Cornerstone has grown tremendously since its founding in 1995. They offer an innovative mix of loan programs to fit any homebuyer’s needs. Their low pricing options, reliable full-service production platform, and superior customer service continually sets them apart from their competitors.
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.
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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