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FOR IMMEDIATE RELEASE:

Kansas City, MO (June 3, 2014) – Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage-banking firm, is proud to announce the opening of their Northland office in Kansas City, Missouri. This is Cornerstone’s 14th location nationwide and 4th location in the Kansas City area as they continue to grow rapidly each year.

The new branch is located at 6300 North Revere Drive, Suite 230 in northern Kansas City, Missouri. It is conveniently accessible from Tom Watson Parkway, near Interstate 29. Two of Cornerstone’s new talented Senior Loan Officers, Ron Schieber and Patrick Weidt, will be working at the Northland location. The addition of these employees will give Cornerstone an even stronger presence in the Kansas City region.

When asked about the Northland office, Chris Scheer stated, “Adding the Northland office gives us a footprint in all three major areas of the Kansas City market including Northland, Lee’s Summit and Overland Park. We believe building a presence in Northland is the key to our success. Our business model has been extremely successful to date and is to structure an office with four to eight of the top professional Loan Officers to serve the area. We don’t want to have the most originators in town, but we do want to have the best originators in town. Northland is a very parochial section of Kansas City so being able to hire such talent and have a great location gives us a strong foothold in the area.”

Cornerstone will look to expand each of its locations in the Kansas City market with the top originators in the region. Cornerstone Mortgage, Inc. will also focus on building the Cornerstone brand in the real estate and builder community. Excellent service at a very aggressive price, done on a consistent basis, is what sets Cornerstone Mortgage, Inc. apart from the competitors in the region.

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.
6300 North Revere Drive, Suite 230
Kansas City, MO 64151
(816) 800-8810

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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