FOR IMMEDIATE RELEASE:
St. Louis, MO (September 30, 2014) – Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage banking firm, is proud to announce they will be expanding in the Texas market under the retail brand name of CornerStar Mortgage, Inc. CornerStar will also be originating for the online-based direct-to-consumer mortgage lending division, SmartMortgage.com.
Cornerstone’s growth has skyrocketed over the past several years, opening three new offices in the greater Kansas City area, one new office in Swansea, IL, and the launch of their online division, SmartMortgage.com. The company has expanded its operations in a total of 14 branches and is now lending in 6 states: Missouri, Illinois, Kansas, Ohio, California, and Texas with Florida and North Dakota coming soon.
Through the ever-changing mortgage industry, Cornerstone continues to climb its way to the top. The company has been recognized as the fastest growing mortgage company for four (4) consecutive years by INC. 500/5000 and listed on the largest lender list for five (5) years in a row by St. Louis Business Journal. As a leading mortgage lender, Cornerstone continues to focus on hiring talented originators and support staff.
When asked about CornerStar Mortgage, Inc., Jim Dean, President/CEO, stated, “We are excited to conduct business in the state of Texas and to expand our origination services to new customers. We will continue to raise the bar each year by expanding in other states and adding on talented originators for those markets. I am extremely thrilled about our growth in the coming years and have no doubt we will surpass our goals.”
Senior Vice President/COO, Angi Stevenson went on to say, “It’s great to see how far we have come in the mortgage industry. I truly believe success and expansion are the outcome of our hardworking and dedicated employees.”
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.
For More Information, Contact:
Jim Dean, President
Cornerstone Mortgage, Inc.
17280 N Outer 40 Rd., Suite 100
Chesterfield, MO 63005