Cornerstone First Mortgage in California vs the state
1.1%Denial rate-16.32 pts vs state
1.5%Decision denial rate-20.87 pts vs state
70.9%Origination rate+14.68 pts vs state
6.75%Median rate+0.13 pts vs state
0.40Rate spread (pts)+0.13 pts vs state
$196kMedian applicant income
706Loans originated
11Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 182 | 182 | 0.0% | 6.75% | #354 |
| 2024 | 627 | 447 | 1.4% | 6.99% | #216 |
| 2025 | 996 | 706 | 1.1% | 6.75% | #173 |
What Cornerstone First Mortgage lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Diego County | 329 | 231 | 1 | 0.3% |
| Contra Costa County | 103 | 85 | 1 | 1.0% |
| Los Angeles County | 80 | 54 | 0 | 0.0% |
| Riverside County | 69 | 45 | 1 | 1.4% |
| Orange County | 41 | 27 | 0 | 0.0% |
| Alameda County | 35 | 28 | 1 | 2.9% |
| San Bernardino County | 31 | 16 | 3 | 9.7% |
| Sacramento County | 30 | 19 | 2 | 6.7% |
| Shasta County | 30 | 23 | 0 | 0.0% |
| Imperial County | 28 | 22 | 0 | 0.0% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 996 applications in 2025, of which 706 were originated and 11 denied.
1.1% of all applications, or 1.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Cornerstone First Mortgage originated in California in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Cornerstone First Mortgage's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology