FOR IMMEDIATE RELEASE:
St. Louis, MO (April 19, 2013) – Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage banking firm, has been ranked the 17th fastest growing privately-held company in the St. Louis region. Cornerstone will be mentioned in the Top 25 Fastest Growing Privately-Held Companies List in the April 19th issue of the St. Louis Business Journal.
The St. Louis Business Journal’s Fastest Growing Awards event will take place on April 19th at the John Cook School of Business on the St. Louis University campus. Cornerstone and other companies will be honored for their accelerated growth.
Cornerstone has been recognized the last 3 years in a row as one of the top 25 fastest growing privately-held companies in St. Louis. The company currently has a loan servicing portfolio in excess of $400 million dollars. In 2012, Cornerstone closed a record of 4000 residential mortgage loans, achieving their highest level of lending activity in the history of the company.
When asked about Cornerstone’s most recent achievement, Jim Dean, President/CEO, commented, “Our experienced managers and loan officers provide superior customer service at a low price. Cornerstone is not reliant on any other company to originate, fund or service loans. We strive to set ourselves apart from the competition. Our ability to offer pricing advantages over the larger lenders has aided our rapid growth. We anticipate 2013 to be another stellar year with even more improvement.”
Angi Stevenson, Senior Vice President/COO went on to say, “The passion and devotion exhibited by the Cornerstone staff has fueled our tremendous success. Our employees are hardworking and driven. They are willing to go the extra mile to find the best options for their clients.”
Cornerstone’s enhanced growth does not come at the expense of their customers or employees. The company was ranked #5 on the 2012 Top Workplace List in St. Louis. They continue to maintain an A+ accredited rating with the Better Business Bureau. Cornerstone also recently opened a new office in Lee’s Summit, Missouri to accommodate their phenomenal growth in the greater Kansas City area.
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