Welcome to Cornerstone Lending Group.

We'll unlock the door to your perfect loan.

 

Cornerstone Lending Group is committed to helping you find the right mortgage product for your needs.

 

We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.

 

Contact Cornerstone Lending Group to find out more about the products and services we can provide.

Mortgage Activity Off Despite Improved Rates
Although interest rates improved this past week, new mortgage activity slowed down. One bright spot, however, was jumbo business.At 203, the U.S. Mortgage Market Index from LoanSifter/Optimal Blue and Mortgage Daily for the week ended March 27 was down 5 percent from the previous report.The decline, however, appears to be seasonal; business traditionally slows in the last week of March heading into the week of Passover.
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Massive Sale of Distressed Loans by Freddie
As the secondary mortgage market continues to thaw, the Federal Home Loan Mortgage Corp. unloaded a record amount of distressed loans.Freddie Mac disclosed Friday that is sold 5,398 deeply delinquent non-performing loans from its investment portfolio through the auction process.Freddie said the transaction involved three pools: two each with an average loan-to-value ratio of 74 percent, and a third pool with an average LTV ratio of 84 percent. The values were based on broker price opinions.
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Licensed Mortgage Broker NMLS #1054318


Ph: 941-927-5551   |   Fax: 941-926-1115