Lenders › Cornerstone Bank › North Dakota
Cornerstone Bank in North Dakota
HMDA record for properties in North Dakota, calendar year 2024. National record · North Dakota 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.
Cornerstone Bank's 2024 HMDA record for North Dakota covers 111 applications, 95 of them originated, worth $26m.
Its denial rate in the state was 6.5%, below the North Dakota rate of 14.3% across all lenders and compared with the lender's national rate of 4.2%.
The median rate spread on its North Dakota originations was 1.0 percentage points (state median 0.2).
Applications in the state were down 17% on 2023.
Compared with the state and the lender's national record
| Measure | In North Dakota | North Dakota, all lenders | Cornerstone Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 6.5% | 14.3% | 4.2% | 24.3% |
| Median rate spread, pp | 1.0 | 0.2 | 1.0 | 0.3 |
| Originations with spread of 1.5 pp or more | 29.7% | 13.2% | 25.6% | 15.6% |
| Average originated loan | $272k | $244k | $642k | $329k |
| Home purchase share | 22.1% | 63.4% | 42.3% | 57.0% |
| FHA-insured share | 0.0% | 13.0% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 9.5% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNorth Dakota, all lenders
Loan purpose and loan type in North Dakota
By purpose
Home purchase 22% (21)Home improvement 9% (9)Refinancing 52% (49)Other purpose 17% (16)
By type
Conventional 100% (95)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in North Dakota
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Cass County | 37 | 32 | $12m | 8.1% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cornerstone Bank originate in North Dakota in 2024?
95 loans totalling $26m, from 111 applications reported for properties in North Dakota.
What is Cornerstone Bank's denial rate in North Dakota?
6.5% of decided applications in North Dakota were denied, against 14.3% for all lenders in the state and 4.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which North Dakota counties does Cornerstone Bank lend in most?
By originations: Cass County (32).
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 North Dakota. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.