Cornerstone First Mortgage in Washington vs the state
1.2%Denial rate-14.45 pts vs state
1.5%Decision denial rate-18.06 pts vs state
79.8%Origination rate+18.74 pts vs state
6.63%Median rate0.00 pts vs state
0.25Rate spread (pts)+0.07 pts vs state
$119kMedian applicant income
861Loans originated
13Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 76 | 76 | 0.0% | 6.99% | #236 |
| 2024 | 477 | 364 | 2.7% | 6.63% | #98 |
| 2025 | 1,079 | 861 | 1.2% | 6.63% | #59 |
What Cornerstone First Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pierce County | 293 | 238 | 2 | 0.7% |
| Kitsap County | 171 | 145 | 1 | 0.6% |
| King County | 125 | 96 | 2 | 1.6% |
| Benton County | 55 | 43 | 0 | 0.0% |
| Thurston County | 53 | 39 | 1 | 1.9% |
| Snohomish County | 51 | 44 | 0 | 0.0% |
| Clark County | 50 | 39 | 0 | 0.0% |
| Mason County | 37 | 33 | 1 | 2.7% |
| Spokane County | 36 | 30 | 1 | 2.8% |
| Lewis County | 23 | 15 | 2 | 8.7% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 1,079 applications in 2025, of which 861 were originated and 13 denied.
1.2% of all applications, or 1.5% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Cornerstone First Mortgage originated in Washington in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Cornerstone First Mortgage's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology