Cornerstone Community Federal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
83rd13.9% deniedPricingmedian rate spread over APOR, weight 30%
99th-3.22 ptsProcesswithdrawn + incomplete share, weight 15%
26th17.3%Closing coststotal loan costs ÷ loan amount, weight 10%
18th4.66% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,058 | 694 | 12.7% | 16.2% | 2.25% | $68M |
| 2024 | 1,275 | 840 | 10.4% | 13.6% | 3.99% | $106M |
| 2025 | 1,061 | 756 | 11.5% | 13.9% | 3.99% | $102M |
What Cornerstone Community Federal Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 948 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 7 investment properties.
Why Cornerstone Community Federal Credit Union denies applications
Primary reason reported for each of the 122 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Cornerstone Community Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 109 | 51 | 33.8% |
| $50k – $100k | 412 | 273 | 17.3% |
| $100k – $150k | 262 | 198 | 11.2% |
| $150k – $250k | 189 | 159 | 4.8% |
| Over $250k | 80 | 69 | 4.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 156 | 106 | 16.5% |
| 35–44 | 264 | 198 | 11.2% |
| 45–54 | 237 | 160 | 17.1% |
| 55–64 | 240 | 178 | 11.9% |
| 65–74 | 113 | 83 | 11.7% |
| Over 74 | 37 | 22 | 24.1% |
Where Cornerstone Community Federal Credit Union lends
1 states and 10 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New York | 1,061 | 756 | 11.5% | 3.99% | #86 |
Frequently asked questions
Cornerstone Community Federal Credit Union denied 13.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 83rd percentile of home-equity (HELOC) lenders.
The most common reason Cornerstone Community Federal Credit Union gave in 2025 was "other", cited on 54.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Cornerstone Community Federal Credit Union originated in 2025 was 3.99%, and its median rate spread over the average prime offer rate was -3.22 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 8% of its applications were for home purchases, 18% for refinancing (including cash-out), and 75% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.