Cornerstone Lending Information

Are you looking to buy a home? Here at Cornerstone Lending, we’ve enabled thousands of homebuyers to purchase their dream homes with conventional, FHA, and VA loans. Do you need to refinance or do major remodeling? We can help you refinance your rate, consolidate, or roll your mortgage and remodeling loan together for a new or existing home. FHA LOANS A Federal Housing Administration (FHA) loan makes borrowing easier, since it is federally insured. Therefore, home buyers with lower credit scores or less cash for a down payment may still be able to fulfill the dream of home ownership. VA LOANS VA-guaranteed loans are available for veterans, military on active duty, reservists, and surviving spouses of veterans. A VA loan requires little or no down payment and has no monthly mortgage insurance premium. REFINANCING Whatever your reason for refinancing – debt consolidation, switching from variable to fixed rate, divorce settlement, etc. – we can help you. In addition to conventional loans, we offer HARP 2, which allows you to refinance your rate even if you owe more than the value of your home. REHAB MORTGAGES The FHA 203K rehabilitation mortgage allows new home buyers to purchase with just 3.5% down and finance 96.5% of construction costs. Rehab mortgage is also an excellent option for the homeowner who wishes to refinance into a lower rate while borrowing money for major improvements. FREE PRE-APPROVALS We offer free pre-approvals, which enables you to find out exactly how much house you can afford. We have made it our priority to work with potential buyers to help them get the best mortgage they can afford at the best rate, so reach out today to see how we can help you! ABOUT US Cornerstone Lending was founded in 1997 with the goal to help as many people as possible own their own home. We are licensed in PA, NJ, DE, and TN and are approved to originate FHA, VA, and USDA loans.