Lenders › Cornerstone First Mortgage › California
Cornerstone First Mortgage in California
HMDA record for properties in California, calendar year 2024. National record · California overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In California, Cornerstone First Mortgage reported 627 applications and 447 originations for 2024, $282m in all.
Its denial rate in the state was 2.0%, below the California rate of 24.8% across all lenders and compared with the lender's national rate of 3.7%.
The median rate spread on its California originations was 0.4 percentage points (state median 0.4).
Applications in the state were up 245% on 2023.
Compared with the state and the lender's national record
| Measure | In California | California, all lenders | Cornerstone First Mortgage, all states | United States |
|---|---|---|---|---|
| Denial rate | 2.0% | 24.8% | 3.7% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 12.3% | 19.9% | 11.2% | 15.6% |
| Average originated loan | $630k | $566k | $387k | $329k |
| Home purchase share | 71.8% | 51.2% | 83.8% | 57.0% |
| FHA-insured share | 17.0% | 11.4% | 25.8% | 13.4% |
| VA-guaranteed share | 8.9% | 4.8% | 8.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateCalifornia, all lenders
Loan purpose and loan type in California
By purpose
Home purchase 72% (321)Refinancing 13% (57)Cash-out refinancing 15% (69)
By type
Conventional 74% (331)FHA 17% (76)VA 9% (40)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in California
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| San Diego County | 137 | 91 | $65m | 5.2% |
| Contra Costa County | 86 | 72 | $56m | 0.0% |
| Riverside County | 45 | 34 | $17m | 2.9% |
| Sacramento County | 30 | 23 | $10m | — |
| Orange County | 25 | 21 | $19m | — |
| Los Angeles County | 28 | 19 | $15m | — |
| Shasta County | 26 | 19 | $5.5m | — |
| Stanislaus County | 35 | 18 | $6.6m | — |
| San Bernardino County | 25 | 18 | $9.2m | — |
| Fresno County | 27 | 16 | $5.8m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cornerstone First Mortgage originate in California in 2024?
447 loans totalling $282m, from 627 applications reported for properties in California.
What is Cornerstone First Mortgage's denial rate in California?
2.0% of decided applications in California were denied, against 24.8% for all lenders in the state and 3.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which California counties does Cornerstone First Mortgage lend in most?
By originations: San Diego County (91), Contra Costa County (72), Riverside County (34), Sacramento County (23), Orange County (21).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in California. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.