Cornerstone First Mortgage · Maryland · 2025

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

Cornerstone First Mortgage took 106 mortgage applications in Maryland in 2025, ranking #224 of 810 lenders active in the state. It originated 64.2% of them and denied 5.7% (8.1% of the applications it decided), against a statewide denial rate of 18.8%.

106Applicationsin MD
8.1%Decision denial ratestate 24.1%
6.69%Median ratestate 6.63%
$340,000Median loanstate $265,000
$29MVolume18 counties

Cornerstone First Mortgage in Maryland vs the state

5.7%Denial rate-13.14 pts vs state
8.1%Decision denial rate-16.02 pts vs state
64.2%Origination rate+8.44 pts vs state
6.69%Median rate+0.06 pts vs state
0.58Rate spread (pts)+0.33 pts vs state
$110kMedian applicant income
68Loans originated
6Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310100.0%6.81%#478
202432233.1%6.99%#357
2025106685.7%6.69%#224

What Cornerstone First Mortgage lends in Maryland

By loan purpose

Home purchase 75 71% · 4.0% denied
Refinance 21 20% · 4.8% denied
Cash-out refinance 10 9% · 20.0% denied

By loan type

Conventional 72 68% · 5.6% denied
FHA 30 28% · 6.7% denied
VA 3 3% · 0.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Maryland applicants

Other 3 50%
Debt-to-income ratio 1 17%
Credit history 1 17%
Collateral 1 17%

Where in Maryland

Counties with the most Cornerstone First Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baltimore County 1560 0.0%
Anne Arundel County 1381 7.7%
Prince George's County 1392 15.4%
Montgomery County 1390 0.0%
Frederick County 1052 20.0%
Worcester County 10100 0.0%
Baltimore city 860 0.0%
Charles County 430 0.0%
Howard County 320 0.0%
Garrett County 330 0.0%

Other large lenders in Maryland

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 12,80616.8%6.63%
Navy Federal Credit UnionD 11,43623.0%8.00%
United Shore Financial ServicesB 9,30716.0%6.13%
Truist BankC 6,55934.9%6.49%
Bank of AmericaF 6,05135.8%6.24%
NewrezD 5,73921.0%6.63%
State Employees Credit Union of MarylandD 5,62444.6%6.25%
PNC BankD 5,58228.0%7.41%
Manufacturers and Traders TrustC 5,49732.0%5.99%
Pennymac Loan ServicesC 5,41112.4%6.49%

Frequently asked questions

Maryland: 106 applications in 2025, of which 68 were originated and 6 denied.

5.7% of all applications, or 8.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Cornerstone First Mortgage originated in Maryland in 2025 was 6.69%, against a statewide median of 6.63%.

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