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For Cornerstone, the application process starts with a prequalification. Streamline your mortgage from quote to final payment — all from your computer or phone.

They finally got one girl who was amazing and friendly and actually helpful.. They offer both home purchase loans and refinance loans, but it’s unclear if they offer second mortgages or home renovation products. The direct-to-consumer retail lender has more than 30 years of experience doling out home loans to satisfied customers, but also takes the time to embrace new technologies as evidenced by their smartphone app. If you’re building a home, this loan allows your loan to transition to a permanent mortgage once you’re done so you don’t have to pay two sets of closing costs. You can check the profile page of each professional or company to determine whether they are a paying advertiser (indicated by the word "sponsored").
Cornerstone Home Lending Review: Doing Mortgages Since the 1980s
Find out more about salaries and benefits at Cornerstone Home Lending. This rating has decreased by -3% over the last 12 months. Cornerstone Home Lending has an overall rating of 4.4 out of 5, based on over 458 reviews left anonymously by employees. 87% of employees would recommend working at Cornerstone Home Lending to a friend and 80% have a positive outlook for the business. This rating has decreased by -4% over the last 12 months. Cornerstone Home Lending is BBB accredited since 1997 and currently has an A+ BBB rating.

If you need a more specialized loan, you may want to consider other lenders. Heather Petty is a personal finance writer at Finder specializing in home loans, banking and insurance. After falling victim to a disreputable mortgage broker when buying her first home, she’s on a mission to help readers avoid similar experiences when managing their own finances.
Mortgage guides
However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. This company provides complete real estate loan services. Cornerstone really cares about their employees, you are surrounded by amazing and helpful team members who are always there to jump in and help, whether it's management or your peers. Once in contact with a loan officer, they can walk you through the loan process and answer any additional questions you may have. Most of the loans closed last year were 30-year fixed mortgages, though they also originated 15-year fixed mortgages and 7/1 ARMs as well.
Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Cornerstone Home Lending originated Conforming, FHA, Jumbo, USDA and VA mortgages for new home purchases and refinances. Its average interest rate and total loan related closing cost difference relative to other lenders by mortgages type is as follows.
Work at Cornerstone Home Lending? Share Your Experiences
Their customer reviews on the BBB aren’t great, which is the norm for BBB customer reviews. Cornerstone doesn’t advertise its mortgage rates online so we don’t know where they stand pricing-wise. From the LoanFly app, you can also request a mortgage rate or a callback from a loan officer. Compare top brands by home loan type, state availability and credit score. No, but going through the prequalification process is the only way to start your application online or on the mobile app. If you want to skip prequalification, you need to call a loan officer to apply directly.
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Finally a company committed to a Mission with convictions
I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. I thought my 5 year was going to finally show something but it did not. What’s nice about the Zillow reviews is you can see who the customer worked with, click on that individual’s name, and get all their reviews as well. Additionally, you can get a fixed-rate mortgage or an adjustable-rate mortgage, with varieties like a 30-year fixed or 15-year fixed, and a 5/1 ARM or 7/1 ARM. After your loan has been submitted, you can use the borrower portal to check loan status, upload documents, and satisfy conditions, via the app or the website. Both methods require you to fill out a short form with just your contact information, at which point you’ll be contacted by a loan officer.
If you want to save big on lender fees, consider a 100% digital company like Beeline or Better. Neither charge lender origination fees on their loans and their 24/7 online application process allows for a quicker preapproval decision — to get you house-hunting right away. Cornerstone Home Lending is a regional mortgage lender offering standard and portfolio mortgage options. But you’ll need to contact a loan officer to research the loans available to you since the information on the website is limited. They have a few people there who should not work in any customer service role.
We may also receive payment if you click on certain links posted on our site. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate.

Cornerstone issues its own preapprovals and processes, underwrites and funds its own mortgages, which can speed up the home-buying process. This lender wants you to have a credit score of at least 640, though prefers 660, and a 5% down payment is required. Currently, Cornerstone also requires that your debt-to-income ratio not exceed 45%. Also, if your down payment is less than 20%, you will need private mortgage insurance. Editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution.
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