Cornerstone First Mortgage in Indiana vs the state
1.5%Denial rate-15.12 pts vs state
2.0%Decision denial rate-18.18 pts vs state
72.5%Origination rate+10.21 pts vs state
6.75%Median rate0.00 pts vs state
0.66Rate spread (pts)+0.30 pts vs state
$108kMedian applicant income
50Loans originated
1Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 18 | 12 | 5.6% | 7.63% | #466 |
| 2025 | 69 | 50 | 1.5% | 6.75% | #314 |
What Cornerstone First Mortgage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lake County | 14 | 10 | 0 | 0.0% |
| Marion County | 13 | 8 | 0 | 0.0% |
| Hamilton County | 8 | 6 | 0 | 0.0% |
| Porter County | 4 | 1 | 1 | 25.0% |
| Fulton County | 3 | 3 | 0 | 0.0% |
| Elkhart County | 3 | 3 | 0 | 0.0% |
| Vigo County | 2 | 1 | 0 | 0.0% |
| Allen County | 2 | 2 | 0 | 0.0% |
| Johnson County | 2 | 2 | 0 | 0.0% |
| Howard County | 2 | 2 | 0 | 0.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 69 applications in 2025, of which 50 were originated and 1 denied.
1.5% of all applications, or 2.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Cornerstone First Mortgage originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Cornerstone First Mortgage's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology