Cornerstone Bank · Connecticut · 2025

Cornerstone Bank in Connecticut: approval rate, denial rate and rates (2025)

Cornerstone Bank took 34 mortgage applications in Connecticut in 2025, ranking #248 of 687 lenders active in the state. It originated 64.7% of them and denied 20.6% (23.3% of the applications it decided), against a statewide denial rate of 17.4%.

34Applicationsin CT
23.3%Decision denial ratestate 21.6%
Median ratestate 6.63%
$200,000Median loanstate $245,000
$15MVolume6 counties

Cornerstone Bank in Connecticut vs the state

20.6%Denial rate+3.19 pts vs state
23.3%Decision denial rate+1.74 pts vs state
64.7%Origination rate+4.33 pts vs state
Median rate
Rate spread (pts)
$136kMedian applicant income
22Loans originated
7Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202318850.0%7.00%#292
2024291817.2%7.00%#251
2025342220.6%#248

What Cornerstone Bank lends in Connecticut

By loan purpose

Home purchase 10 29% · 10.0% denied
Refinance 4 12% · 25.0% denied
Cash-out refinance 2 6% · 0.0% denied
Home improvement 13 38% · 30.8% denied
Other / HELOC 5 15% · 20.0% denied

By loan type

Conventional 34 100% · 20.6% denied

Where in Connecticut

Counties with the most Cornerstone Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09150 21153 14.3%
09110 843 37.5%
09180 220 0.0%
09120 110 0.0%
09170 100 0.0%
09140 101 100.0%

Other large lenders in Connecticut

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 6,04316.5%6.75%
Citizens BankC 4,89526.2%7.40%
Bank of AmericaF 4,59132.1%6.00%
United Shore Financial ServicesB 4,23913.7%6.50%
Total Mortgage ServicesB 4,2194.5%6.63%
Manufacturers and Traders TrustC 4,03031.8%5.99%
Liberty BankA 3,5139.5%5.99%
Webster BankC 2,76221.9%6.74%
NewrezD 2,55621.8%6.88%
AMERICAN EAGLE FINANCIAL Credit UnionD 2,46318.9%7.75%

Frequently asked questions

Connecticut: 34 applications in 2025, of which 22 were originated and 7 denied.

20.6% of all applications, or 23.3% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Cornerstone Bank's own HMDA filing for properties located in Connecticut, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology