Cornerstone First Mortgage · Alabama · 2025

Cornerstone First Mortgage in Alabama: approval rate, denial rate and rates (2025)

Cornerstone First Mortgage took 228 mortgage applications in Alabama in 2025, ranking #143 of 990 lenders active in the state. It originated 71.1% of them and denied 2.6% (3.6% of the applications it decided), against a statewide denial rate of 19.9%.

228Applicationsin AL
3.6%Decision denial ratestate 25.0%
6.75%Median ratestate 6.50%
$275,000Median loanstate $165,000
$59MVolume24 counties

Cornerstone First Mortgage in Alabama vs the state

2.6%Denial rate-17.22 pts vs state
3.6%Decision denial rate-21.45 pts vs state
71.1%Origination rate+15.66 pts vs state
6.75%Median rate+0.25 pts vs state
0.50Rate spread (pts)+0.21 pts vs state
$115kMedian applicant income
162Loans originated
6Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231021020.0%6.88%#200
20242141201.4%6.99%#139
20252281622.6%6.75%#143

What Cornerstone First Mortgage lends in Alabama

By loan purpose

Home purchase 174 76% · 1.7% denied
Refinance 36 16% · 5.6% denied
Cash-out refinance 18 8% · 5.6% denied

By loan type

Conventional 159 70% · 1.9% denied
FHA 54 24% · 3.7% denied
VA 14 6% · 7.1% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Alabama applicants

Credit history 3 50%
Collateral 1 17%
Other 1 17%
Debt-to-income ratio 1 17%

Where in Alabama

Counties with the most Cornerstone First Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 94741 1.1%
Jefferson County 42231 2.4%
Shelby County 24151 4.2%
Mobile County 1171 9.1%
St. Clair County 1080 0.0%
Chilton County 1080 0.0%
Madison County 651 16.7%
Blount County 530 0.0%
Montgomery County 320 0.0%
Limestone County 330 0.0%

Other large lenders in Alabama

LenderGradeApplicationsDenial rateMedian rate
Regions BankC 11,87137.2%4.99%
Rocket MortgageC 9,94120.5%6.63%
Vanderbilt Mortgage and FinanceF 8,46141.4%9.50%
United Shore Financial ServicesB 7,68912.0%6.13%
21st MortgageF 6,50746.0%9.98%
Mortgage Research CenterC 5,10718.4%6.25%
REDSTONE Federal Credit UnionC 4,54818.9%8.13%
Dhi Mortgage CompanyB 3,90917.5%4.99%
Freedom MortgageB 3,7258.7%6.25%
Pennymac Loan ServicesC 3,61111.6%6.25%

Frequently asked questions

Alabama: 228 applications in 2025, of which 162 were originated and 6 denied.

2.6% of all applications, or 3.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Cornerstone First Mortgage originated in Alabama in 2025 was 6.75%, against a statewide median of 6.50%.

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