FOR IMMEDIATE RELEASE:
St. Louis, MO (March 3, 2015) – Cornerstone Mortgage, Inc., a privately-held, St. Louis based mortgage banking firm, is proud to be named one of the Top 3 largest lenders in the St. Louis Region as reported by the St. Louis Business Journal. Cornerstone Mortgage, Inc. continues to advance each year in the rankings, having moved from the 6th largest lender as reported in 2012 to the 4th largest lender in 2013. This year marks the 11th consecutive year that the mortgage banking operation has been included in the top 25 largest lender rankings and was named the 3rd largest lender as reported by the weekly business publication.
Cornerstone Mortgage, Inc. continues to gain in market share as well as revenue growth, having reported revenues in excess of $21 million in 2013. While much of the competition experienced decreased loan production, Cornerstone Mortgage, Inc. originated over $700 million in loan volume as it continues to climb towards the #1 spot as the largest lender in the St Louis area. When asked about the company’s success, Jim Dean (President/CEO) stated, “I have no doubt we will be the largest lender in the St. Louis region in the near future. We have an excellent team of originators and support staff who delivers a smooth loan process with a 96% customer satisfaction rate. We will continue to expand in our markets and provide the very best products and competitive rates for our customers.”
Angi Stevenson (Senior Vice President/COO) went on to say, “I am so proud to be working with these great individuals! Without their hard work and dedication, we would not be where we are now.”
Cornerstone Mortgage, Inc. has been recognized nationally as a Top 100 Mortgage Company in America by Mortgage Executive Magazine in 2013. The company was also listed as one of the top-producing mortgage lenders in the country by the Scotsman Guide. Jim Dean (President/CEO) was named one of the 100 Most Influential Mortgage Executives in America by Mortgage Executive Magazine in 2013 and 2014. Angi Stevenson (Senior Vice President/COO) was featured in the 2013 Women Business Leaders in Forbes. In addition, Cornerstone Mortgage, Inc. has been recognized as one of the Fastest Growing Companies on the INC. 500/5000 list for the past 4 years.
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). Employing over 165 employees in 14 locations, Cornerstone Mortgage, Inc. is licensed in eight (8) states having recently added Texas, North Dakota, and Florida. The company has opened three (3) new offices in the greater Kansas City area as well as an office in Swansea, Illinois. Cornerstone Mortgage, Inc. is an A+ accredited lender with the Better Business Bureau and has been featured as a Top Work Place for the past 3 years as reported by the St Louis Post-Dispatch. Cornerstone Mortgage, Inc. is the 2nd largest privately-held lender in Missouri and is Missouri’s largest lender to have approvals from all three agencies: Freddie Mac, Ginnie Mae, and Fannie Mae. Cornerstone Mortgage, Inc. is an approved ProLoan lender, a top 5 MHDC lender as well as being named a top 2 USDA lender in Missouri. In addition to local loan processing, Cornerstone Mortgage, Inc. underwrites, closes and funds all loan production locally from its’ corporate headquarters in Chesterfield, Missouri.
For More Information, Contact:
Jim Dean, President
Cornerstone Mortgage, Inc.
17280 N Outer 40 Rd., Suite 100
Chesterfield, MO 63005