Cornerstone First Mortgage · Maine · 2025

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

Cornerstone First Mortgage took 90 mortgage applications in Maine in 2025, ranking #94 of 537 lenders active in the state. It originated 77.8% of them and denied 1.1% (1.4% of the applications it decided), against a statewide denial rate of 16.3%.

90Applicationsin ME
1.4%Decision denial ratestate 20.1%
6.75%Median ratestate 6.88%
$305,000Median loanstate $215,000
$25MVolume14 counties

Cornerstone First Mortgage in Maine vs the state

1.1%Denial rate-15.22 pts vs state
1.4%Decision denial rate-18.67 pts vs state
77.8%Origination rate+15.61 pts vs state
6.75%Median rate-0.13 pts vs state
0.36Rate spread (pts)+0.03 pts vs state
$106kMedian applicant income
70Loans originated
1Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202410410.0%5.88%#202
202590701.1%6.75%#94

What Cornerstone First Mortgage lends in Maine

By loan purpose

Home purchase 72 80% · 1.4% denied
Refinance 14 16% · 0.0% denied
Cash-out refinance 4 4% · 0.0% denied

By loan type

Conventional 69 77% · 1.5% denied
FHA 15 17% · 0.0% denied
VA 6 7% · 0.0% denied

Why it denied Maine applicants

Collateral 1 100%

Where in Maine

Counties with the most Cornerstone First Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 29280 0.0%
York County 1581 6.7%
Androscoggin County 1070 0.0%
Oxford County 870 0.0%
Kennebec County 650 0.0%
Hancock County 630 0.0%
Franklin County 420 0.0%
Penobscot County 330 0.0%
Knox County 200 0.0%
Lincoln County 220 0.0%

Other large lenders in Maine

LenderGradeApplicationsDenial rateMedian rate
Bangor Savings BankB 4,51817.2%7.25%
United Shore Financial ServicesB 2,6759.1%6.50%
Rocket MortgageC 2,62822.9%6.75%
The Camden National BankA 2,55913.2%6.99%
CMG MortgageA 2,2514.2%6.63%
Guild MortgageA 1,8385.3%6.63%
Kennebec Savings BankB 1,4939.6%7.00%
TD BankD 1,24420.2%7.35%
Mortgage Research CenterC 1,10417.6%6.25%
Evergreen Credit UnionD 97630.6%6.50%

Frequently asked questions

Maine: 90 applications in 2025, of which 70 were originated and 1 denied.

1.1% of all applications, or 1.4% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Cornerstone First Mortgage originated in Maine in 2025 was 6.75%, against a statewide median of 6.88%.

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