Cornerstone First Mortgage in Tennessee vs the state
3.1%Denial rate-14.07 pts vs state
5.2%Decision denial rate-16.49 pts vs state
56.1%Origination rate-1.94 pts vs state
6.75%Median rate+0.13 pts vs state
0.57Rate spread (pts)+0.34 pts vs state
$104kMedian applicant income
128Loans originated
7Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 27 | 27 | 0.0% | 7.00% | #477 |
| 2024 | 94 | 52 | 2.1% | 6.75% | #317 |
| 2025 | 228 | 128 | 3.1% | 6.75% | #198 |
What Cornerstone First Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 60 | 35 | 2 | 3.3% |
| Montgomery County | 21 | 15 | 1 | 4.8% |
| Coffee County | 16 | 1 | 0 | 0.0% |
| Davidson County | 13 | 10 | 0 | 0.0% |
| Rutherford County | 13 | 6 | 1 | 7.7% |
| Hamblen County | 11 | 6 | 0 | 0.0% |
| Williamson County | 11 | 8 | 0 | 0.0% |
| Sevier County | 10 | 6 | 0 | 0.0% |
| Knox County | 9 | 5 | 1 | 11.1% |
| Franklin County | 6 | 0 | 0 | 0.0% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 228 applications in 2025, of which 128 were originated and 7 denied.
3.1% of all applications, or 5.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Cornerstone First Mortgage originated in Tennessee in 2025 was 6.75%, against a statewide median of 6.62%.
About this data. Figures are Cornerstone First Mortgage's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology