Cornerstone First Mortgage in Minnesota vs the state
5.0%Denial rate-8.60 pts vs state
7.1%Decision denial rate-9.21 pts vs state
65.0%Origination rate-1.37 pts vs state
7.25%Median rate+0.63 pts vs state
0.89Rate spread (pts)+0.64 pts vs state
$160kMedian applicant income
13Loans originated
1Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 8 | 3 | 0.0% | 5.50% | #473 |
| 2025 | 20 | 13 | 5.0% | 7.25% | #393 |
What Cornerstone First Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 6 | 4 | 1 | 16.7% |
| Dakota County | 3 | 0 | 0 | 0.0% |
| Anoka County | 2 | 1 | 0 | 0.0% |
| Washington County | 2 | 1 | 0 | 0.0% |
| St. Louis County | 1 | 1 | 0 | 0.0% |
| Clay County | 1 | 1 | 0 | 0.0% |
| Morrison County | 1 | 1 | 0 | 0.0% |
| Ramsey County | 1 | 1 | 0 | 0.0% |
| Pine County | 1 | 1 | 0 | 0.0% |
| Mille Lacs County | 1 | 1 | 0 | 0.0% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 20 applications in 2025, of which 13 were originated and 1 denied.
5.0% of all applications, or 7.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Cornerstone First Mortgage originated in Minnesota in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Cornerstone First Mortgage's own HMDA filing for properties located in Minnesota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology