CornerstoneFirstMortgage

Cornerstone First Mortgage, Inc. is a full-service mortgage bank headquartered in San Diego. All aspects of the loan process (processing, underwriting, and funding) are conducted in-house. We have grown exponentially over the past few years, and are always looking for driven and motivated individuals to join our team.

Down Payment Assistance Program

  • NO first-time homebuyer requirement. At least one borrower must complete Homebuyer Education regardless of FTHB status.
  • Eligible with FHA 1st Lien with Essex only - to be locked as NHF FHA 1st
  • DPA 2nd is through NHF up to 3.5% of the lesser of Sales Price of Appraised Value. Combine with a 96.5% FHA 1st for 100% financing! Available in all states but Massachusetts. New York, and Washington.
  • Minimum Credit Score of 600, maximum DTI per AUS approval (no manual u / w)
  • Income Limit is Greater of 160% of States Median Income (SMI) or Area Median Income (AMI).
SHARIF SHAMSUDIN