Advantage

Cornerstone Mortgage Company is a Mortgage BANKER. We make our loan approval decisions in-house and we fund our loans with our own money, unlike Mortgage BROKERS who rely on outside investors to approve and fund their loans.

• Unlike a bank, who off ers only the bank's loan products, Cornerstone offers a variety of products and pricing from the nation's top 100 mortgage investor sources, giving us access to all of the many loan programs available in the mortgage market.
   
• Cornerstone's real-time, automated Loan Pricing Engine instantly displays comparative pricing from the nation's leading mortgage loan investor sources, which guarantees your customer the very best value for the loan program they choose.
   
• Cornerstone has direct access to Fannie Mae, Freddie Mac and FHA/VA loan conduits.
   
• Cornerstone's team of 24 Loan Underwriters, employed by Cornerstone, provide timely loan approval decisions for your customers.
   
• Cornerstone has multiple warehouse lines of credit from major banks that enable us to fund more than $400 million of loans each month.
   
• By controlling the loan approval and closing/funding in-house, Cornerstone meets the agreed upon closing date for our customers . on-time, all the time.
   
• Cornerstone's in-house Public Relations Department develops co-marketing programs for our Loan Offi cers and their Strategic Referral Partners to stay in front of home-buying prospects.
   
• In-house Information Technology Department, Web Designers and Programmers provide hands-on technology solutions and services to our Loan Officers.
   
• Our state-of-the-art paperless loan process utilizing Cornerstone's Imaging technology reduces loan processing and approval times and eliminates the handling and distribution of paper-fi lled loan files.
   
• Cornerstone provides its Loan Officers unparalleled support:
  • 1 Underwriter for every 6 Loan Officers
  • 1 Secondary Marketing Product Specialist for every 10 Loan Officers
  • 1 Public Relations specialist for every 14 Loan Officers
  • 1 Information Technology Specialist for every 11 Loan Officers
  
   
• A reputation of excellence since our inception in 1988 - 20 years of conducting

Cornerstone Facts

• Founded in 1988, based in Houston, TX
   
• Annual loan volume in excess of $2 billion
   
• 27 offices in 7 states with 500+ employees
   
• Average industry tenure of employees is 12.3 years
   
• Licensed to close mortgage loans in 31 states
   
• Former subsidiary of a National Bank (2000 - 2006)
   
• Approved Fannie Mae and Freddie Mac Seller/Servicer
   
• Approved FHA/VA Direct Endorsement Lender
   
• Cornerstone is owned by 22 key employee shareholders
   
• Profitable operations
   
• Net worth of $10 million
   
• Largest independent mortgage company in Texas