Your FICO score Rent vs. Buy Calculator The Loan Process Apply For a Mortgage Job Opportunities

Thank you for visiting our website! We have attempted to provide information that we think will be valuable to you.  Please let us know how we can serve you today! 

Robert Copeland - Broker

Are You Considering Purchasing a Home?         

Are You Considering Refinancing a Home?         

If so, We offer:



   Stop by our office for your     Free Homebuyers Guide  Monday-Friday 8:00 - 5:00


     Cornerstone Mortgage     1500 Standiford Ave, Suite A1 Modesto, CA  953550

Mortgage News:
Flagstar"s Warehouse Assets Expand
1/29/2015 8:17 AM
Home lending activity and mortgage servicing were down at Flagstar Bancorp Inc., but there was growth in its warehouse lending assets and commercial mortgage holdings.....Fourth-quarter 2014 residential loan production retreated 8 percent from the prior period, Flagstar reported in its quarterly financial statements.....Business at the ...Read More
New Home Sales At Highest Level Since 2008
1/29/2015 8:17 AM
More new residential properties were sold during 2014 than in any year since the financial crisis. It was a similar story for monthly activity.....The seasonally adjusted annual rate of new single-family home sales during the final month of last year was 481,000.....Turns out that December"s rate was higher than in any other month since...Read More
FHFA Director Defends 97% to Lawmakers
1/29/2015 8:17 AM
The director of the Federal Housing Finance Agency faced criticism from House Republicans over the government-sponsored enterprises" 97 percent loan-to-value programs.....FHFA Director Melvin L. Watt spent three hours on Tuesday at a hearing held by the House Financial Services Committee.....The chairman of the committee, Rep. Jeb Hensa...Read More
Mortgage Credit Conditions Loosen in 2014
1/29/2015 8:17 AM
Home lenders loosened the purse strings in 2014-- with credit scores on closed loans moving lower and debt-to-income and loan-to-value ratios both moving higher.....The closing rate on residential loans inched up to 60.2 percent in December from the prior month"s 60.0 percent. The rise was more significant versus December 2013, when the closi...Read More
Home Price Gains Soften, S Fla Out-pacing Nation
1/29/2015 8:17 AM
Metropolitan areas in South Florida are out-pacing the nation in year-over-year gains in home prices.....At 167.00, the S&P/Case-Shiller Home Price Indices for November were off 0.1 percent from the previous month.....But the index, which is a widely watched measure of U.S. home prices, has increased 4.7 percent from the same month ...Read More