Cornerstone First Mortgage · Wisconsin · 2025

Cornerstone First Mortgage in Wisconsin: approval rate, denial rate and rates (2025)

Cornerstone First Mortgage took 196 mortgage applications in Wisconsin in 2025, ranking #162 of 938 lenders active in the state. It originated 69.4% of them and denied 4.1% (5.6% of the applications it decided), against a statewide denial rate of 14.0%.

196Applicationsin WI
5.6%Decision denial ratestate 16.4%
6.88%Median ratestate 6.63%
$215,000Median loanstate $165,000
$34MVolume27 counties

Cornerstone First Mortgage in Wisconsin vs the state

4.1%Denial rate-9.93 pts vs state
5.6%Decision denial rate-10.80 pts vs state
69.4%Origination rate+1.24 pts vs state
6.88%Median rate+0.25 pts vs state
0.74Rate spread (pts)+0.62 pts vs state
$82kMedian applicant income
136Loans originated
8Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202423164.4%6.93%#396
20251961364.1%6.88%#162

What Cornerstone First Mortgage lends in Wisconsin

By loan purpose

Home purchase 145 74% · 3.5% denied
Refinance 36 18% · 5.6% denied
Cash-out refinance 15 8% · 6.7% denied

By loan type

Conventional 150 77% · 3.3% denied
FHA 39 20% · 7.7% denied
VA 7 4% · 0.0% denied

Why it denied Wisconsin applicants

Other 3 38%
Collateral 2 25%
Credit history 2 25%
Debt-to-income ratio 1 13%

Where in Wisconsin

Counties with the most Cornerstone First Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 59383 5.1%
Sheboygan County 45321 2.2%
Waukesha County 13130 0.0%
Racine County 1161 9.1%
Rock County 990 0.0%
Outagamie County 751 14.3%
Winnebago County 750 0.0%
Manitowoc County 752 28.6%
Ozaukee County 630 0.0%
Kenosha County 420 0.0%

Other large lenders in Wisconsin

LenderGradeApplicationsDenial rateMedian rate
Summit Credit UnionA 15,48313.8%6.75%
University of Wisconsin Credit UnionA 11,78113.8%6.50%
Landmark Credit UnionA 9,39317.7%6.50%
Rocket MortgageC 7,81918.0%6.63%
Associated BankB 7,45123.7%6.88%
BMO BankF 5,20225.3%8.23%
Educators Credit UnionB 4,93024.3%6.95%
U.S. BankD 4,71026.0%6.88%
Covantage Credit UnionB 4,5817.7%6.50%
United Shore Financial ServicesB 4,42111.8%6.38%

Frequently asked questions

Wisconsin: 196 applications in 2025, of which 136 were originated and 8 denied.

4.1% of all applications, or 5.6% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Cornerstone First Mortgage originated in Wisconsin in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Cornerstone First Mortgage's own HMDA filing for properties located in Wisconsin, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology