Cornerstone Bank in North Dakota vs the state
2.4%Denial rate-9.06 pts vs state
2.7%Decision denial rate-11.07 pts vs state
84.1%Origination rate+14.44 pts vs state
7.25%Median rate+0.75 pts vs state
1.32Rate spread (pts)+1.08 pts vs state
$140kMedian applicant income
106Loans originated
3Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 134 | 121 | 1.5% | 7.00% | #27 |
| 2024 | 111 | 95 | 6.3% | 7.49% | #38 |
| 2025 | 126 | 106 | 2.4% | 7.25% | #38 |
What Cornerstone Bank lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Cornerstone Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 30 | 26 | 0 | 0.0% |
| Burleigh County | 25 | 19 | 1 | 4.0% |
| McKenzie County | 18 | 16 | 1 | 5.6% |
| Stark County | 12 | 9 | 1 | 8.3% |
| Ward County | 11 | 10 | 0 | 0.0% |
| Mountrail County | 9 | 7 | 0 | 0.0% |
| Morton County | 6 | 5 | 0 | 0.0% |
| Richland County | 2 | 2 | 0 | 0.0% |
| Williams County | 2 | 2 | 0 | 0.0% |
| Grand Forks County | 2 | 1 | 0 | 0.0% |
Other large lenders in North Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Gate City Bank | C | 3,106 | 11.3% | 6.65% |
| First International Bank & Trust | B | 1,112 | 4.0% | 6.63% |
| United Shore Financial Services | B | 881 | 7.5% | 6.25% |
| Rocket Mortgage | C | 827 | 21.6% | 6.63% |
| Bell Bank | A | 806 | 7.7% | 6.99% |
| First Community Credit Union | B | 675 | 7.1% | 6.49% |
| Capital | C | 646 | 3.7% | 7.00% |
| TOWN AND COUNTRY Credit Union | B | 571 | 2.1% | 6.25% |
| Mortgage Research Center | C | 500 | 13.6% | 6.25% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
Frequently asked questions
North Dakota: 126 applications in 2025, of which 106 were originated and 3 denied.
2.4% of all applications, or 2.7% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Cornerstone Bank originated in North Dakota in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Cornerstone Bank's own HMDA filing for properties located in North Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology