FOR IMMEDIATE RELEASE:
St. Louis, Missouri (January 25, 2008) – Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage banking firm is proud to announce the grand opening of a 5th location at 10322 Ladue Road, Creve Coeur, MO 63141.
Cornerstone Mortgage, Inc. is a locally owned and operated Mortgage Banking firm with a proven track record in retail mortgage originations. Since its founding in 1995 by Jim Dean, President/CEO and Angi Stevenson, Senior Vice President/COO, Cornerstone Mortgage has grown to be the 6th largest lender in the St. Louis area by volume of loans closed through October 31, 2009.
Cornerstone Mortgage Inc. provides Retail Mortgage Banking services to the St. Louis and surrounding areas. Cornerstone Mortgage and has seen outstanding growth in 2009 with over $390 million in closed mortgages. Their production platform provides significant economies of scale while at the same time delivering processing, underwriting, closing, and funding services all performed locally.
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:
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