Cornerstone Capital Bank · Washington · 2025

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

Cornerstone Capital Bank took 1,626 mortgage applications in Washington in 2025, ranking #43 of 822 lenders active in the state. It originated 84.3% of them and denied 1.1% (1.3% of the applications it decided), against a statewide denial rate of 15.7%.

1.6kApplicationsin WA
1.3%Decision denial ratestate 19.5%
6.50%Median ratestate 6.63%
$495,000Median loanstate $335,000
$762MVolume34 counties

Cornerstone Capital Bank in Washington vs the state

1.1%Denial rate-14.54 pts vs state
1.3%Decision denial rate-18.24 pts vs state
84.3%Origination rate+23.20 pts vs state
6.50%Median rate-0.13 pts vs state
0.20Rate spread (pts)+0.01 pts vs state
$160kMedian applicant income
1,370Loans originated
18Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4901,1632.8%6.88%#42
20241,4641,2261.6%6.88%#41
20251,6261,3701.1%6.50%#43

What Cornerstone Capital Bank lends in Washington

By loan purpose

Home purchase 1,266 78% · 0.9% denied
Refinance 253 16% · 0.8% denied
Cash-out refinance 72 4% · 5.6% denied
Other / HELOC 35 2% · 2.9% denied

By loan type

Conventional 1,364 84% · 1.0% denied
FHA 167 10% · 2.4% denied
VA 94 6% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 8 44%
Insufficient cash 3 17%
Collateral 3 17%
Incomplete application 2 11%
Credit history 1 6%
Unverifiable information 1 6%

Where in Washington

Counties with the most Cornerstone Capital Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 5254505 1.0%
Snohomish County 2372092 0.8%
Clark County 1791481 0.6%
Spokane County 1491272 1.3%
Pierce County 1391046 4.3%
Kitsap County 63570 0.0%
Kittitas County 55510 0.0%
Cowlitz County 32240 0.0%
Skagit County 31300 0.0%
Yakima County 28230 0.0%

Other large lenders in Washington

LenderGradeApplicationsDenial rateMedian rate
Boeing Employees Credit UnionB 21,59923.8%6.13%
Rocket MortgageC 14,30115.9%6.63%
United Shore Financial ServicesB 13,77010.0%6.13%
Guild MortgageA 8,0563.4%6.63%
CMG MortgageA 7,8173.1%6.63%
Movement MortgageA 7,4723.6%6.63%
Bank of AmericaF 6,98627.0%5.99%
Crosscountry MortgageB 6,9033.1%6.63%
U.S. BankD 6,56827.6%6.63%
NewrezD 5,84912.9%6.63%

Frequently asked questions

Washington: 1,626 applications in 2025, of which 1,370 were originated and 18 denied.

1.1% of all applications, or 1.3% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Cornerstone Capital Bank originated in Washington in 2025 was 6.50%, against a statewide median of 6.63%.

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