Cornerstone First Mortgage in Michigan vs the state
1.9%Denial rate-16.64 pts vs state
2.6%Decision denial rate-19.98 pts vs state
70.4%Origination rate+10.54 pts vs state
6.63%Median rate-0.13 pts vs state
0.36Rate spread (pts)-0.04 pts vs state
$99kMedian applicant income
262Loans originated
7Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 40 | 40 | 0.0% | 6.88% | #352 |
| 2024 | 94 | 69 | 1.1% | 6.99% | #273 |
| 2025 | 372 | 262 | 1.9% | 6.63% | #151 |
What Cornerstone First Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 77 | 48 | 1 | 1.3% |
| Oakland County | 67 | 47 | 1 | 1.5% |
| Livingston County | 48 | 41 | 0 | 0.0% |
| Macomb County | 35 | 23 | 2 | 5.7% |
| St. Clair County | 21 | 12 | 1 | 4.8% |
| Genesee County | 17 | 11 | 0 | 0.0% |
| Washtenaw County | 9 | 7 | 0 | 0.0% |
| Ingham County | 6 | 4 | 0 | 0.0% |
| Lapeer County | 6 | 4 | 0 | 0.0% |
| Roscommon County | 5 | 4 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 372 applications in 2025, of which 262 were originated and 7 denied.
1.9% of all applications, or 2.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Cornerstone First Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Cornerstone First Mortgage's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology