Cornerstone First Mortgage · Florida · 2025

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

Cornerstone First Mortgage took 2,267 mortgage applications in Florida in 2025, ranking #87 of 1,993 lenders active in the state. It originated 69.2% of them and denied 3.8% (5.2% of the applications it decided), against a statewide denial rate of 21.1%.

2.3kApplicationsin FL
5.2%Decision denial ratestate 27.2%
6.88%Median ratestate 6.63%
$295,000Median loanstate $255,000
$548MVolume49 counties

Cornerstone First Mortgage in Florida vs the state

3.8%Denial rate-17.22 pts vs state
5.2%Decision denial rate-22.00 pts vs state
69.2%Origination rate+16.48 pts vs state
6.88%Median rate+0.25 pts vs state
0.53Rate spread (pts)+0.26 pts vs state
$97kMedian applicant income
1,568Loans originated
87Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234814810.0%7.00%#235
20241,2458244.2%6.99%#125
20252,2671,5683.8%6.88%#87

What Cornerstone First Mortgage lends in Florida

By loan purpose

Home purchase 1,845 81% · 3.9% denied
Refinance 268 12% · 4.9% denied
Cash-out refinance 153 7% · 1.3% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 1,700 75% · 3.5% denied
FHA 504 22% · 5.2% denied
VA 62 3% · 3.2% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Florida applicants

Other 25 29%
Debt-to-income ratio 24 28%
Collateral 14 16%
Credit history 9 10%
Unverifiable information 6 7%
Insufficient cash 5 6%
Employment history 4 5%

Where in Florida

Counties with the most Cornerstone First Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Miami-Dade County 39624326 6.6%
Hillsborough County 2301767 3.0%
Osceola County 2191674 1.8%
Orange County 1691118 4.7%
Broward County 1599612 7.5%
Polk County 1541133 1.9%
Lee County 90752 2.2%
Manatee County 77612 2.6%
Pinellas County 75541 1.3%
Sarasota County 71464 5.6%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 2,267 applications in 2025, of which 1,568 were originated and 87 denied.

3.8% of all applications, or 5.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Cornerstone First Mortgage originated in Florida in 2025 was 6.88%, against a statewide median of 6.63%.

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