Cornerstone Bank in Massachusetts vs the state
14.8%Denial rate-1.44 pts vs state
17.4%Decision denial rate-2.55 pts vs state
68.0%Origination rate+5.41 pts vs state
—Median rate
—Rate spread (pts)
$151kMedian applicant income
640Loans originated
139Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 603 | 395 | 21.2% | 7.38% | #67 |
| 2024 | 651 | 407 | 17.4% | 6.63% | #66 |
| 2025 | 941 | 640 | 14.8% | — | #51 |
What Cornerstone Bank lends in Massachusetts
By loan purpose
By loan type
Where in Massachusetts
Counties with the most Cornerstone Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 645 | 459 | 90 | 14.0% |
| Middlesex County | 86 | 46 | 10 | 11.6% |
| Suffolk County | 40 | 22 | 8 | 20.0% |
| Hampden County | 39 | 28 | 4 | 10.3% |
| Norfolk County | 33 | 18 | 11 | 33.3% |
| Essex County | 31 | 22 | 5 | 16.1% |
| Plymouth County | 22 | 14 | 3 | 13.6% |
| Bristol County | 18 | 12 | 4 | 22.2% |
| Barnstable County | 18 | 12 | 3 | 16.7% |
| Hampshire County | 8 | 6 | 1 | 12.5% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 941 applications in 2025, of which 640 were originated and 139 denied.
14.8% of all applications, or 17.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
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 Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology