For Immediate Release:

St. Louis, Missouri (September 27, 2011) – Cornerstone Mortgage, Inc. recently closed on the acquisition of the 23,000 square foot building formerly known as the Westbridge Bank Building, located at Highway 40 and Boones Crossing in Chesterfield. Originally constructed five years ago by the now-defunct Westbridge Bank, the building fell into foreclosure in August and was purchased from Reliance Bank. Tom Bajardi, CCIM, SIOR, of Sansone Group represented Cornerstone Mortgage in the acquisition.

Cornerstone Mortgage, who is currently headquartered in a 5,600 square foot building they own at 11255 Olive, purchased the building to accommodate their rapidly growing mortgage business. Cornerstone will occupy the entire first floor of the building, containing approximately 10,000 square feet, when it relocates in November.

In 2010, Tom Bajardi of Sansone Group represented Cornerstone in the acquisition of a 17,000 square foot building at Highway 94 and Wolfrum Road in St. Charles, now known as Cornerstone Crossing. It will soon be home to a Cornerstone branch office in the 1st quarter of 2012.

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. has 144 employees, 9 locations and is rapidly growing. Cornerstone has been ranked as a top 5 lender in Missouri for the last 3 years and top 10 lender for the last 8 years. 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. The company is the 2nd largest privately-held mortgage banker in Missouri and was ranked the 5th best place to work in St. Louis by the St. Louis Post-Dispatch in 2012. Cornerstone was ranked the 64th fastest growing mortgage banker in America by INC. 500/5000. Regionally, the company has been the #1 fastest growing mortgage banker in Missouri for the last 4 years and is the 3rd fastest growing privately-held company in St. Louis. Cornerstone Mortgage, Inc. is rated as one of the top 5 first-time home buyer lenders in Missouri and has been continually ranked in the top 10 first-time home buyer lenders over the past 7 years. Cornerstone is a ProLoan approved lender. Processing, underwriting, closing and servicing payments are completed locally by Cornerstone. Cornerstone Mortgage, Inc. is an equal housing lender.

For More Information, Contact:
Jim Dean, President
Cornerstone Mortgage, Inc.
17280 N Outer 40 Rd., Suite 100
Chesterfield, MO 63005
(314) 995-9919