Cornerstone First Mortgage · Massachusetts · 2025

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

Cornerstone First Mortgage took 66 mortgage applications in Massachusetts in 2025, ranking #291 of 799 lenders active in the state. It originated 71.2% of them and denied 3.0% (4.0% of the applications it decided), against a statewide denial rate of 16.2%.

66Applicationsin MA
4.0%Decision denial ratestate 20.0%
6.75%Median ratestate 6.63%
$425,000Median loanstate $325,000
$21MVolume10 counties

Cornerstone First Mortgage in Massachusetts vs the state

3.0%Denial rate-13.18 pts vs state
4.0%Decision denial rate-15.95 pts vs state
71.2%Origination rate+8.61 pts vs state
6.75%Median rate+0.13 pts vs state
0.65Rate spread (pts)+0.56 pts vs state
$128kMedian applicant income
47Loans originated
2Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202320200.0%6.31%#388
202435202.9%6.75%#349
202566473.0%6.75%#291

What Cornerstone First Mortgage lends in Massachusetts

By loan purpose

Home purchase 37 56% · 0.0% denied
Refinance 19 29% · 5.3% denied
Cash-out refinance 10 15% · 10.0% denied

By loan type

Conventional 42 64% · 4.8% denied
FHA 21 32% · 0.0% denied
VA 1 2% · 0.0% denied
USDA / RHS 2 3% · 0.0% denied

Why it denied Massachusetts applicants

Credit history 1 50%
Debt-to-income ratio 1 50%

Where in Massachusetts

Counties with the most Cornerstone First Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bristol County 14100 0.0%
Middlesex County 1162 18.2%
Plymouth County 980 0.0%
Worcester County 870 0.0%
Barnstable County 630 0.0%
Suffolk County 530 0.0%
Hampden County 540 0.0%
Essex County 540 0.0%
Norfolk County 210 0.0%
Franklin County 110 0.0%

Other large lenders in Massachusetts

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 17,47629.0%7.40%
Rocket MortgageC 8,69815.9%6.75%
Bank of AmericaF 7,78430.1%5.99%
Guaranteed RateB 7,3134.5%6.50%
Eastern BankB 6,21631.8%6.99%
Rockland TrustC 5,99028.6%6.99%
Leader BankA 5,9131.8%6.25%
United Shore Financial ServicesB 5,89812.8%6.50%
Crosscountry MortgageB 5,6343.8%6.63%
TD BankD 3,77826.9%7.44%

Frequently asked questions

Massachusetts: 66 applications in 2025, of which 47 were originated and 2 denied.

3.0% of all applications, or 4.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Cornerstone First Mortgage originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.

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