Cornerstone First Mortgage in Iowa vs the state
5.6%Denial rate-7.30 pts vs state
6.9%Decision denial rate-8.41 pts vs state
75.0%Origination rate+6.54 pts vs state
6.75%Median rate+0.25 pts vs state
0.47Rate spread (pts)+0.28 pts vs state
$101kMedian applicant income
27Loans originated
2Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 5 | 2 | 0.0% | 7.18% | #426 |
| 2025 | 36 | 27 | 5.6% | 6.75% | #254 |
What Cornerstone First Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 14 | 13 | 0 | 0.0% |
| Scott County | 5 | 4 | 0 | 0.0% |
| Madison County | 4 | 3 | 0 | 0.0% |
| Guthrie County | 3 | 2 | 0 | 0.0% |
| Warren County | 2 | 0 | 2 | 100.0% |
| Marion County | 2 | 1 | 0 | 0.0% |
| Boone County | 1 | 1 | 0 | 0.0% |
| Webster County | 1 | 0 | 0 | 0.0% |
| Cherokee County | 1 | 1 | 0 | 0.0% |
| Des Moines County | 1 | 1 | 0 | 0.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 36 applications in 2025, of which 27 were originated and 2 denied.
5.6% of all applications, or 6.9% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Cornerstone First Mortgage originated in Iowa 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 Iowa, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology