FOR IMMEDIATE RELEASE:
St. Louis, MO (August 20, 2014) – Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage-banking firm, is thrilled to announce they have been recognized as one of the fastest growing companies in America, according to the 2014 INC. 500/5000 list.
This exclusive ranking is a huge honor for Cornerstone as it marks the 4th consecutive year that the company has been featured on the INC. 500/5000 list. The list represents a comprehensive look at America’s independent entrepreneurs and highlights the fastest growing companies in America.
Cornerstone has grown by more than 82% over the last three years. The company’s revenues exceeded $23 million in 2013. Cornerstone has added nearly 80 new employees to their organization since 2010. In the past year, Cornerstone has expanded its operations in Illinois, opening a new location in Swansea. They have also continued building their presence in the greater Kansas City region by opening offices in Warrensburg, Northland, and Overland Park. In 2014, they launched a new online-based direct-to-consumer mortgage lending division called SmartMortgage.com.
When asked about this year’s ranking, Jim Dean, President/CEO, commented “I am extremely proud of the Cornerstone team. While other mortgage companies and banks are struggling, Cornerstone has thrived. We continue to raise the bar of success in our industry. Our focus is to provide our clients with the highest level of customer service at a competitive price. This philosophy has allowed Cornerstone to grow tremendously. We are constantly developing new strategies to better serve our customers and this has helped us be a leading mortgage banker for many years.”
Senior Vice President/COO, Angi Stevenson went on to say, “This is truly a testament to how amazing our entire staff is and how hard they work. Their dedication has facilitated our strong and consistent growth in this ever-changing market. ”
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.