Cornerstone First Mortgage · Arizona · 2025

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

Cornerstone First Mortgage took 403 mortgage applications in Arizona in 2025, ranking #128 of 1,082 lenders active in the state. It originated 78.4% of them and denied 0.3% (0.3% of the applications it decided), against a statewide denial rate of 16.2%.

403Applicationsin AZ
0.3%Decision denial ratestate 20.4%
6.75%Median ratestate 6.50%
$385,000Median loanstate $275,000
$146MVolume11 counties

Cornerstone First Mortgage in Arizona vs the state

0.3%Denial rate-15.98 pts vs state
0.3%Decision denial rate-20.09 pts vs state
78.4%Origination rate+18.93 pts vs state
6.75%Median rate+0.25 pts vs state
0.49Rate spread (pts)+0.27 pts vs state
$132kMedian applicant income
316Loans originated
1Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329290.0%6.63%#377
20241481090.7%6.75%#194
20254033160.3%6.75%#128

What Cornerstone First Mortgage lends in Arizona

By loan purpose

Home purchase 319 79% · 0.3% denied
Refinance 65 16% · 0.0% denied
Cash-out refinance 19 5% · 0.0% denied

By loan type

Conventional 303 75% · 0.3% denied
FHA 74 18% · 0.0% denied
VA 25 6% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 1 100%

Where in Arizona

Counties with the most Cornerstone First Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 2732151 0.4%
Pinal County 55430 0.0%
Pima County 1590 0.0%
Mohave County 15130 0.0%
Yavapai County 1390 0.0%
Yuma County 750 0.0%
Navajo County 760 0.0%
Coconino County 760 0.0%
Cochise County 660 0.0%
Gila County 330 0.0%

Other large lenders in Arizona

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 25,38310.2%6.25%
Rocket MortgageC 17,94715.6%6.75%
Desert Financial Credit UnionB 16,97024.3%6.49%
Crosscountry MortgageB 7,5703.8%6.58%
Fairway Independent MortgageB 6,7295.6%6.63%
Bank of AmericaF 6,22932.2%6.24%
Loandepot.ComD 6,18016.1%5.99%
Pennymac Loan ServicesC 5,83811.7%6.62%
Nova Financial & InvestmentC 5,38016.2%6.49%
Freedom MortgageB 4,9917.0%6.00%

Frequently asked questions

Arizona: 403 applications in 2025, of which 316 were originated and 1 denied.

0.3% of all applications, or 0.3% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Cornerstone First Mortgage originated in Arizona 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 Arizona, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology