Cornerstone First Financial, a Washington DC-based residential mortgage lender, has been acquired by Encompass Lending Group, a Fathom Holdings company. Offering mortgages for home purchase, debt consolidation, and refinancing, Cornerstone also services veterans and first-time homebuyer lending needs. An equal housing lender, Cornerstone operates in multiple markets, including California, Colorado, Florida, Georgia, Maryland, Pennsylvania, Virginia, and Washington, D.C.
“When we acquired Encompass Lending in April 2021, I stated that I believed the acquisition could help us attract additional successful mortgage teams and smaller lending operations to our company. I am pleased to prove that statement true through this acquisition of Cornerstone First Financial,” says Josh Harley, Fathom Holdings’ founder and CEO.
Mark Livingstone, Cornerstone First Financial Founder and CEO, added, “For more than 20 years, our company has been guided by deep-rooted ethical values, trust, and an unwavering work ethic. Our seamless transition to Encompass Lending demonstrates the shared servant-leadership ideals that form the basis of Fathom’s wonderful culture.”
Learn more about this acquisition in the full press release HERE.