![]() Cornerstone Home Lending Mortgage RatesĬornerstone doesn’t advertise its mortgage rates online so we don’t know where they stand pricing-wise. They say their loan officers have access to hundreds of loan products, which means there’s probably more than what’s listed on their website. So all the usual stuff but nothing too fancy by the looks of it. The details on their website are a bit scant when it comes to loan options, though they do mention the loan types above, along with jumbo loans.Īdditionally, 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. They offer both home purchase loans and refinance loans, but it’s unclear if they offer second mortgages or home renovation products. Fixed-rate and adjustable-rate options availableĬornerstone is currently approved and in good standing with Fannie Mae and Freddie Mac, along with the FHA, VA, and USDA.Government loans backed by the FHA, USDA, and VA.Conventional loans backed by Fannie Mae and Freddie Mac.Home purchase loans and refinance loans (including cash-out refinances).Once in contact with a loan officer, they can walk you through the loan process and answer any additional questions you may have.Īfter 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. It’s unclear if you can actually apply for a mortgage on your own, which is often an option with the most tech-savvy mortgage lenders these days. Or visit a local branch office if one is located near you.īranches appear to be located in the following states: AK, AR, AZ, CA, CO, FL, MD, MO, MS, MT, NC, NM, NV, OK, OR, TX, UT, VA, WA, WI, WY ![]() ![]() ![]() They say you can get pre-qualified for a mortgage in as little as 15 minutes during normal business hours.įrom the LoanFly app, you can also request a mortgage rate or a callback from a loan officer.Īlternatively, you can call Cornerstone Home Lending directly to get pre-qualified or to discuss a loan scenario. To get the ball rolling, you can either visit their website and navigate to the “prequalify” page, or download their smartphone app called LoanFly and then click on “prequalify.”īoth 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. Or calling them directly to go over a loan scenario and get pricing.Visiting a branch office if one is located near you.You have the option of getting pre-qualified via their website or smartphone app.They claim to rank #30 nationally in annual home loan volume, and 10th nationally among independent mortgage companies.Īpplying for a Mortgage with Cornerstone Home Lending Funded roughly $6 billion in home loans during 2019Īs noted, Cornerstone Home Lending, or CHL for short, has been around a while, much longer than the average mortgage company these days.Over 500 loan officers and 1,500 team members.Licensed in 41 states with 200 offices in 22 states.Retail mortgage lender based in Houston, Texas.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. While there are a lot of new faces and startups in the mortgage industry, few companies have stood the test of time, especially with the Great Recession rearing its ugly head in the early 2000s.īut one mortgage company, Houston, Texas-based Cornerstone Home Lending, has been serving its communities since 1988.
0 Comments
Leave a Reply. |