Cornerstone Bank mortgage approval rate & lending review
Cornerstone Bank decided 1,625 mortgage applications and funded 1,288 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Cornerstone Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Cornerstone Bank at a glance
Approval is 6.6 points above the 74.7% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 91% | 409 / 451 | 99% | $315K | 404 |
| Home improvement loans | 79% | 411 / 522 | 97% | $75K | 398 |
| Cash-out refinance | 72% | 29 / 40 | 100% | $315K | 29 |
| Refinance | 79% | 241 / 306 | 97% | $125K | 234 |
| Investment property purchase | 85% | 149 / 176 | 97% | $275K | 145 |
| Investment refinance | 70% | 19 / 27 | 89% | $255K | 17 |
| Investment home improvement | 61% | 55 / 90 | 96% | $155K | 53 |
Cornerstone Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 81% | $155K | 1,578 | 1,250 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Cornerstone Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Worcester County, MA | Home improvement loans | 78% | 416 | 317 |
| Worcester County, MA | Mortgage lenders | 89% | 322 | 285 |
| Worcester County, MA | Refinance | 80% | 257 | 200 |
| Worcester County, MA | Investment property purchase | 87% | 94 | 79 |
| Worcester County, MA | Cash-out refinance | 71% | 35 | 25 |
| Worcester County, MA | Investment home improvement | 70% | 33 | 23 |
| Barnstable County, MA | Investment property purchase | 80% | 20 | 15 |
The county markets where Cornerstone Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Cornerstone Bank
What is Cornerstone Bank's mortgage approval rate?
Cornerstone Bank approved 81.3% of the 1,625 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.6 points above the 74.7% national rate for the same mix of loan types.
How often do borrowers take the loan Cornerstone Bank offers?
Borrowers accepted 98% of the loans Cornerstone Bank approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Cornerstone Bank make?
The typical home improvement loan loan Cornerstone Bank made was $75K; across all loan types its typical loan ran from $75K to $315K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Cornerstone Bank lend?
Cornerstone Bank decided applications in 7 of the states Fat Boy Data covers, most of them in Massachusetts, Rhode Island and Connecticut.
Can I apply to Cornerstone Bank directly?
Yes. Cornerstone Bank is a bank or credit union with 83 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Cornerstone Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Cornerstone Bank treats applications, then get a rate quote from the lender.