Cornerstone First Mortgage in Virginia vs the state
7.0%Denial rate-8.99 pts vs state
11.0%Decision denial rate-9.23 pts vs state
56.2%Origination rate-3.37 pts vs state
6.75%Median rate+0.13 pts vs state
0.50Rate spread (pts)+0.28 pts vs state
$135kMedian applicant income
105Loans originated
13Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 54 | 54 | 0.0% | 6.99% | #349 |
| 2024 | 142 | 74 | 0.0% | 6.88% | #234 |
| 2025 | 187 | 105 | 7.0% | 6.75% | #211 |
What Cornerstone First Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 16 | 9 | 2 | 12.5% |
| Prince William County | 13 | 10 | 1 | 7.7% |
| Newport News city | 12 | 10 | 1 | 8.3% |
| Henrico County | 12 | 5 | 1 | 8.3% |
| Spotsylvania County | 10 | 7 | 0 | 0.0% |
| Stafford County | 9 | 4 | 0 | 0.0% |
| Rockingham County | 9 | 2 | 0 | 0.0% |
| Hampton city | 9 | 6 | 0 | 0.0% |
| Norfolk city | 8 | 5 | 1 | 12.5% |
| Loudoun County | 5 | 2 | 2 | 40.0% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 187 applications in 2025, of which 105 were originated and 13 denied.
7.0% of all applications, or 11.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Cornerstone First Mortgage originated in Virginia 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 Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology