Cornerstone Home Lending Mortgage Rates, Fees & Info

HOUSTON, TX

LEI: 549300CY7WNAHKHYSJ73

Tax ID: 76-0236067

1.8 stars - Updated: 12/10/23 - out of 5 stars, based on 119 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Cornerstone Home Lending is a mid-sized mortgage company specializing in Home Purchase loans. Cornerstone Home Lending has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Houston, Seattle, Oklahoma City, Dallas, and San Antonio among others. We have data for 342 markets. (Some data included below & more in-depth data is available with an active subscription.)

Cornerstone Home Lending has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Cornerstone Home Lending is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.65% 12/10/23
30 Year Conventional Refi 6.61% 12/10/23
30 Year Cash-out Refi 6.88% 12/10/23
30 Year FHA Purchase 7.44% 12/10/23
30 Year FHA Refi 7.25% 12/10/23
30 Year VA Purchase 6.29% 12/10/23
30 Year VA Refi 6.39% 12/10/23
30 Year USDA Purchase 6.74% 12/10/23
30 Year USDA Refi 6.68% 12/10/23
15 Year Conventional Purchase 6.28% 12/10/23
15 Year Conventional Refi 6.22% 12/10/23
15 Year Cash-out Refi 6.22% 12/10/23
15 Year FHA Purchase 7.86% 12/10/23
15 Year VA Purchase 6.19% 12/10/23
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Cornerstone Home Lending Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Cornerstone Home Lending. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

14,202

Origination Dollar Volume (All Markets)

$5,173,050,000
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Relative Rate

Cornerstone Home Lending's average 30 year fixed mortgage rate was 4.99%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.23%.

Relative Fees (Closing Costs)

Cornerstone Home Lending's average total fees/closing costs for a 30 year fixed rate mortgage were $9,000.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1,788 $625,710,000 $349,950 $9,614 4.92%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 983 $624,125,000 $634,919 $12,265 4.95%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1,517 $403,535,000 $266,009 $7,236 5.08%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 704 $362,120,000 $514,375 $11,378 4.96%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 996 $342,850,000 $344,227 $10,298 4.76%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 568 $257,920,000 $454,085 $10,453 4.94%
Outside of Metro Areas 675 $187,005,000 $277,044 $7,418 4.91%
RALEIGH-CARY, NC (FHA|USDA|VA) 431 $148,625,000 $344,838 $7,113 4.76%
TULSA, OK (FHA|USDA|VA) 459 $120,885,000 $263,366 $7,554 5.08%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 189 $89,865,000 $475,476 $7,001 4.82%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 122 $83,350,000 $683,197 $11,828 4.78%
FORT COLLINS, CO (FHA|USDA|VA) 191 $78,495,000 $410,969 $7,108 4.75%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 175 $78,285,000 $447,343 $10,471 5.16%
GREELEY, CO (FHA|USDA|VA) 198 $76,380,000 $385,758 $8,365 4.80%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 225 $75,005,000 $333,356 $7,578 4.70%
FAYETTEVILLE, NC (FHA|USDA|VA) 300 $69,370,000 $231,233 $7,883 5.03%
Bozeman, MT (FHA|USDA|VA) 133 $60,255,000 $453,045 $8,412 4.79%
BILLINGS, MT (FHA|USDA|VA) 172 $54,380,000 $316,163 $9,002 4.92%
COLORADO SPRINGS, CO (FHA|USDA|VA) 128 $51,820,000 $404,844 $8,034 5.05%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 220 $51,780,000 $235,364 $7,185 5.34%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 170 $50,790,000 $298,765 $4,995 5.02%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 69 $48,825,000 $707,609 $12,135 4.35%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 93 $46,275,000 $497,581 $10,362 5.11%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 101 $42,205,000 $417,871 $8,198 4.35%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 158 $41,170,000 $260,570 $8,351 4.91%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 71 $41,145,000 $579,507 $9,652 5.07%
WILMINGTON, NC (FHA|USDA|VA) 119 $34,445,000 $289,454 $6,225 5.20%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 81 $29,945,000 $369,691 $9,817 4.71%
Juneau, AK (FHA|USDA|VA) 77 $29,225,000 $379,545 $10,650 4.87%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 91 $28,615,000 $314,451 $7,540 5.28%
MADISON, WI (FHA|USDA|VA) 93 $27,525,000 $295,968 $6,116 5.27%
YAKIMA, WA (FHA|USDA|VA) 92 $26,750,000 $290,761 $8,990 5.07%
TWIN FALLS, ID (FHA|USDA|VA) 109 $26,715,000 $245,092 $8,497 5.19%
FARMINGTON, NM (FHA|USDA|VA) 124 $26,330,000 $212,339 $6,745 5.09%
FAIRBANKS, AK (FHA|USDA|VA) 77 $24,615,000 $319,675 $8,061 4.79%
Montrose, CO (FHA|USDA|VA) 72 $23,440,000 $325,556 $5,968 4.89%
Ellensburg, WA (FHA|USDA|VA) 56 $23,320,000 $416,429 $10,352 4.85%
YUBA CITY, CA (FHA|USDA|VA) 63 $21,335,000 $338,651 $8,627 4.89%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 31 $20,545,000 $662,742 $18,269 4.89%
Glenwood Springs, CO (FHA|USDA|VA) 49 $19,315,000 $394,184 $5,830 4.79%
GOLDSBORO, NC (FHA|USDA|VA) 85 $18,235,000 $214,529 $7,710 4.72%
PUEBLO, CO (FHA|USDA|VA) 62 $16,490,000 $265,968 $7,441 4.95%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 38 $16,150,000 $425,000 $8,799 4.85%
Breckenridge, CO (FHA|USDA|VA) 15 $15,785,000 $1,052,333 $9,802 4.33%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 39 $14,975,000 $383,974 $7,469 4.50%
Shelton, WA (FHA|USDA|VA) 34 $14,840,000 $436,471 $12,184 5.58%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 31 $14,655,000 $472,742 $8,083 5.08%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 39 $14,395,000 $369,103 $6,211 4.57%
Steamboat Springs, CO (FHA|USDA|VA) 28 $14,280,000 $510,000 $6,169 4.41%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 43 $12,805,000 $297,791 $6,383 4.68%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 18 $12,140,000 $674,444 $12,590 4.44%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 37 $11,995,000 $324,189 $9,402 5.00%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 68 $11,640,000 $171,176 $4,763 4.94%
JACKSON, MS (FHA|USDA|VA) 40 $11,320,000 $283,000 $10,230 5.36%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 19 $11,245,000 $591,842 $15,020 5.15%
CORPUS CHRISTI, TX (FHA|USDA|VA) 43 $10,565,000 $245,698 $8,010 4.52%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 31 $10,165,000 $327,903 $8,149 4.65%
SALT LAKE CITY, UT (FHA|USDA|VA) 19 $9,655,000 $508,158 $7,534 4.52%
CHEYENNE, WY (FHA|USDA|VA) 37 $9,625,000 $260,135 $6,126 4.56%
Oak Harbor, WA (FHA|USDA|VA) 22 $9,490,000 $431,364 $9,676 4.86%
GRAND JUNCTION, CO (FHA|USDA|VA) 29 $9,255,000 $319,138 $6,874 5.44%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 21 $9,025,000 $429,762 $12,084 5.41%
WENATCHEE, WA (FHA|USDA|VA) 24 $8,910,000 $371,250 $11,266 4.28%
Burley, ID (FHA|USDA|VA) 39 $8,695,000 $222,949 $8,287 5.23%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 24 $8,640,000 $360,000 $12,831 4.48%
BOULDER, CO (FHA|USDA|VA) 19 $7,965,000 $419,211 $5,404 4.75%
Elizabeth City, NC (FHA|USDA|VA) 26 $7,680,000 $295,385 $9,340 4.50%
APPLETON, WI (FHA|USDA|VA) 37 $7,655,000 $206,892 $5,184 5.28%
CHICO, CA (FHA|USDA|VA) 23 $7,615,000 $331,087 $9,215 4.86%
JACKSONVILLE, NC (FHA|USDA|VA) 26 $7,220,000 $277,692 $6,345 5.10%
Albemarle, NC (FHA|USDA|VA) 26 $7,030,000 $270,385 $9,191 5.06%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 27 $6,835,000 $253,148 $9,376 4.58%
BELLINGHAM, WA (FHA|USDA|VA) 12 $6,410,000 $534,167 $11,753 4.63%
ROCKY MOUNT, NC (FHA|USDA|VA) 28 $6,290,000 $224,643 $7,450 4.97%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 10 $6,260,000 $626,000 $9,663 4.20%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 16 $6,120,000 $382,500 $8,928 6.33%
JACKSONVILLE, FL (FHA|USDA|VA) 23 $6,105,000 $265,435 $4,895 5.34%
Shawnee, OK (FHA|USDA|VA) 28 $5,950,000 $212,500 $6,723 5.01%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 13 $5,905,000 $454,231 $10,104 4.82%
VALLEJO, CA (FHA|USDA|VA) 11 $5,615,000 $510,455 $16,332 5.44%
BEND, OR (FHA|USDA|VA) 7 $5,225,000 $746,429 $9,940 4.91%
WACO, TX (FHA|USDA|VA) 18 $5,130,000 $285,000 $7,535 4.86%
Sanford, NC (FHA|USDA|VA) 22 $5,120,000 $232,727 $7,557 5.65%
PROVO-OREM, UT (FHA|USDA|VA) 12 $5,100,000 $425,000 $6,600 3.93%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 10 $4,700,000 $470,000 $9,213 4.96%
Helena, MT (FHA|USDA|VA) 11 $4,535,000 $412,273 $8,524 5.18%
Lumberton, NC (FHA|USDA|VA) 24 $4,400,000 $183,333 $6,694 4.47%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 10 $4,270,000 $427,000 $8,714 4.46%
ST. GEORGE, UT (FHA|USDA|VA) 10 $4,270,000 $427,000 $8,954 4.21%
Huntsville, TX (FHA|USDA|VA) 12 $4,200,000 $350,000 $7,806 5.43%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 20 $4,190,000 $209,500 $6,066 5.49%
LAS CRUCES, NM (FHA|USDA|VA) 18 $4,000,000 $222,222 $5,242 4.54%
ANCHORAGE, AK (FHA|USDA|VA) 11 $3,965,000 $360,455 $10,524 4.74%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 14 $3,880,000 $277,143 $9,318 4.59%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 18 $3,840,000 $213,333 $7,344 5.23%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 8 $3,820,000 $477,500 $12,518 4.53%
SPARTANBURG, SC (FHA|USDA|VA) 11 $3,725,000 $338,636 $9,159 4.24%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 19 $3,665,000 $192,895 $4,775 5.35%
Wilson, NC (FHA|USDA|VA) 15 $3,475,000 $231,667 $6,200 4.77%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 15 $3,385,000 $225,667 $9,321 4.45%
McAlester, OK (FHA|USDA|VA) 9 $3,365,000 $373,889 $8,110 4.93%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 11 $3,355,000 $305,000 $9,748 4.81%
Durango, CO (FHA|USDA|VA) 5 $3,315,000 $663,000 $9,195 5.15%
Brenham, TX (FHA|USDA|VA) 11 $3,255,000 $295,909 $5,845 3.91%
Athens, TX (FHA|USDA|VA) 6 $3,200,000 $533,333 $12,236 5.75%
Aberdeen, WA (FHA|USDA|VA) 11 $3,125,000 $284,091 $10,747 5.37%
GREENVILLE, NC (FHA|USDA|VA) 11 $2,945,000 $267,727 $6,261 5.31%
NEW BERN, NC (FHA|USDA|VA) 12 $2,890,000 $240,833 $5,980 4.96%
Edwards, CO (FHA|USDA|VA) 4 $2,860,000 $715,000 $5,051 5.31%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 6 $2,810,000 $468,333 $10,576 5.56%
Stillwater, OK (FHA|USDA|VA) 9 $2,595,000 $288,333 $7,794 5.25%
El Campo, TX (FHA|USDA|VA) 10 $2,570,000 $257,000 $8,386 5.10%
Baraboo, WI (FHA|USDA|VA) 9 $2,545,000 $282,778 $7,270 5.03%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 11 $2,505,000 $227,727 $7,568 5.73%
Kinston, NC (FHA|USDA|VA) 11 $2,425,000 $220,455 $8,860 5.51%
RICHMOND, VA (FHA|USDA|VA) 10 $2,330,000 $233,000 $5,902 5.09%
BOISE CITY, ID (FHA|USDA|VA) 5 $2,315,000 $463,000 $4,436 4.38%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $2,295,000 $459,000 $12,161 5.65%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $2,295,000 $765,000 $10,204 3.38%
Port Angeles, WA (FHA|USDA|VA) 6 $2,200,000 $366,667 $11,408 4.17%
LAWTON, OK (FHA|USDA|VA) 10 $2,170,000 $217,000 $9,860 5.30%
JONESBORO, AR (FHA|USDA|VA) 10 $2,170,000 $217,000 $5,102 5.32%
Truckee-Grass Valley, CA (FHA|USDA|VA) 4 $2,160,000 $540,000 $11,866 5.47%
Alice, TX (FHA|USDA|VA) 8 $2,130,000 $266,250 $10,972 4.89%
Ponca City, OK (FHA|USDA|VA) 10 $2,110,000 $211,000 $7,393 4.73%
HOT SPRINGS, AR (FHA|USDA|VA) 8 $2,100,000 $262,500 $7,664 5.08%
COLUMBIA, SC (FHA|USDA|VA) 7 $2,055,000 $293,571 $8,822 5.23%
IDAHO FALLS, ID (FHA|USDA|VA) 8 $2,050,000 $256,250 $7,749 4.63%
TYLER, TX (FHA|USDA|VA) 7 $2,045,000 $292,143 $8,845 5.36%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,915,000 $638,333 $7,274 3.88%
SANTA FE, NM (FHA|USDA|VA) 3 $1,895,000 $631,667 $8,697 4.91%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,880,000 $470,000 $8,779 5.31%
GREEN BAY, WI (FHA|USDA|VA) 12 $1,850,000 $154,167 $4,293 5.48%
MANHATTAN, KS (FHA|USDA|VA) 6 $1,740,000 $290,000 $6,666 5.06%
ANN ARBOR, MI (FHA|USDA|VA) 9 $1,735,000 $192,778 $4,021 4.50%
ENID, OK (FHA|USDA|VA) 4 $1,660,000 $415,000 $5,416 3.66%
ASHEVILLE, NC (FHA|USDA|VA) 5 $1,655,000 $331,000 $8,346 4.78%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,635,000 $327,000 $11,380 4.53%
MONTGOMERY, AL (FHA|USDA|VA) 6 $1,570,000 $261,667 $7,752 5.65%
Heber, UT (FHA|USDA|VA) 1 $1,555,000 $1,555,000 $34,080 4.25%
LONGVIEW, TX (FHA|USDA|VA) 5 $1,545,000 $309,000 $10,376 4.90%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 8 $1,540,000 $192,500 $4,561 4.14%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,530,000 $765,000 $9,962 4.31%
BURLINGTON, NC (FHA|USDA|VA) 6 $1,530,000 $255,000 $9,276 5.56%
TEXARKANA, TX-AR (FHA|USDA|VA) 5 $1,505,000 $301,000 $7,671 4.48%
Searcy, AR (FHA|USDA|VA) 8 $1,450,000 $181,250 $4,151 6.03%
Russellville, AR (FHA|USDA|VA) 9 $1,425,000 $158,333 $7,013 4.69%
WINSTON-SALEM, NC (FHA|USDA|VA) 6 $1,410,000 $235,000 $5,531 5.25%
FRESNO, CA (FHA|USDA|VA) 2 $1,380,000 $690,000 $7,231 4.50%
Fort Morgan, CO (FHA|USDA|VA) 4 $1,360,000 $340,000 $8,438 4.59%
SAN ANGELO, TX (FHA|USDA|VA) 7 $1,355,000 $193,571 $5,108 4.43%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 4 $1,350,000 $337,500 $5,555 6.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $1,345,000 $448,333 $5,597 4.67%
MIDLAND, TX (FHA|USDA|VA) 4 $1,340,000 $335,000 $7,041 3.91%
Carlsbad-Artesia, NM (FHA|USDA|VA) 4 $1,300,000 $325,000 $9,472 5.97%
ABILENE, TX (FHA|USDA|VA) 4 $1,250,000 $312,500 $6,299 4.34%
Deming, NM (FHA|USDA|VA) 8 $1,220,000 $152,500 $5,759 4.11%
Butte-Silver Bow, MT (FHA|USDA|VA) 3 $1,205,000 $401,667 $6,929 5.38%
Ukiah, CA (FHA|USDA|VA) 2 $1,200,000 $600,000 $8,591 4.94%
Moses Lake, WA (FHA|USDA|VA) 5 $1,185,000 $237,000 $9,813 4.93%
TUCSON, AZ (FHA|USDA|VA) 4 $1,180,000 $295,000 $8,616 4.78%
Roanoke Rapids, NC (FHA|USDA|VA) 5 $1,135,000 $227,000 $11,047 5.53%
BAKERSFIELD, CA (FHA|USDA|VA) 4 $1,130,000 $282,500 $9,983 5.91%
Bartlesville, OK (FHA|USDA|VA) 7 $1,125,000 $160,714 $6,371 4.77%
STOCKTON, CA (FHA|USDA|VA) 2 $1,120,000 $560,000 $14,162 5.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $1,105,000 $368,333 $6,592 4.13%
Vicksburg, MS (FHA|USDA|VA) 5 $1,095,000 $219,000 $10,681 5.83%
ALBUQUERQUE, NM (FHA|USDA|VA) 5 $1,085,000 $217,000 $5,049 4.75%
LUBBOCK, TX (FHA|USDA|VA) 4 $1,040,000 $260,000 $5,800 5.06%
Morehead City, NC (FHA|USDA|VA) 4 $1,040,000 $260,000 $8,322 5.41%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $1,035,000 $345,000 $11,681 5.75%
Harrison, AR (FHA|USDA|VA) 4 $1,030,000 $257,500 $3,639 4.88%
Ada, OK (FHA|USDA|VA) 4 $1,000,000 $250,000 $4,034 5.50%
Whitewater, WI (FHA|USDA|VA) 4 $990,000 $247,500 $9,752 5.53%
EL PASO, TX (FHA|USDA|VA) 3 $985,000 $328,333 $7,531 5.21%
Laramie, WY (FHA|USDA|VA) 4 $980,000 $245,000 $8,331 5.09%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $980,000 $490,000 $4,932 4.06%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $970,000 $485,000 $12,938 4.50%
WICHITA, KS (FHA|USDA|VA) 4 $960,000 $240,000 $6,133 4.81%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $960,000 $480,000 $11,666 6.19%
Ardmore, OK (FHA|USDA|VA) 4 $960,000 $240,000 $6,467 5.41%
FLINT, MI (FHA|USDA|VA) 4 $950,000 $237,500 $5,636 5.84%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $945,000 $315,000 $9,314 6.33%
Greeneville, TN (FHA|USDA|VA) 6 $930,000 $155,000 $6,421 6.17%
SALINAS, CA (FHA|USDA|VA) 3 $925,000 $308,333 $6,282 5.58%
Weatherford, OK (FHA|USDA|VA) 4 $910,000 $227,500 $8,175 4.97%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $905,000 $301,667 $7,141 5.50%
Henderson, NC (FHA|USDA|VA) 3 $905,000 $301,667 $4,542 5.04%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $905,000 $301,667 $6,813 5.29%
Sterling, CO (FHA|USDA|VA) 4 $890,000 $222,500 $4,288 4.84%
LYNCHBURG, VA (FHA|USDA|VA) 2 $880,000 $440,000 $6,716 4.31%
Blytheville, AR (FHA|USDA|VA) 2 $840,000 $420,000 $10,061 5.19%
Talladega-Sylacauga, AL (FHA|USDA|VA) 4 $830,000 $207,500 $3,585 5.75%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $790,000 $395,000 $18,735 5.81%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $780,000 $390,000 $3,338 4.88%
Kerrville, TX (FHA|USDA|VA) 3 $775,000 $258,333 $7,241 6.17%
LONGVIEW, WA (FHA|USDA|VA) 3 $765,000 $255,000 $11,188 6.75%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 4 $760,000 $190,000 $6,646 4.63%
PINE BLUFF, AR (FHA|USDA|VA) 4 $760,000 $190,000 $6,650 5.56%
Hailey, ID (FHA|USDA|VA) 1 $755,000 $755,000 $7,626 6.25%
Port Lavaca, TX (FHA|USDA|VA) 3 $735,000 $245,000 $8,865 6.42%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $735,000 $245,000 $7,892 4.50%
Duncan, OK (FHA|USDA|VA) 4 $730,000 $182,500 $7,460 4.91%
VICTORIA, TX (FHA|USDA|VA) 2 $720,000 $360,000 $11,457 4.19%
REDDING, CA (FHA|USDA|VA) 1 $695,000 $695,000 $4,749 4.88%
FORT SMITH, AR-OK (FHA|USDA|VA) 4 $680,000 $170,000 $6,061 5.09%
Laurinburg, NC (FHA|USDA|VA) 5 $675,000 $135,000 $6,762 5.35%
Craig, CO (FHA|USDA|VA) 2 $670,000 $335,000 $5,690 6.00%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $655,000 $655,000 $4,332 3.88%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $630,000 $315,000 $3,855 5.19%
Manitowoc, WI (FHA|USDA|VA) 2 $610,000 $305,000 $5,329 4.00%
Granbury, TX (FHA|USDA|VA) 2 $610,000 $305,000 $10,916 4.81%
LINCOLN, NE (FHA|USDA|VA) 2 $610,000 $305,000 $5,051 6.69%
Sandpoint, ID (FHA|USDA|VA) 1 $605,000 $605,000 $20,136 4.13%
Georgetown, SC (FHA|USDA|VA) 1 $605,000 $605,000 $0 4.88%
Kalispell, MT (FHA|USDA|VA) 1 $605,000 $605,000 $22,535 5.25%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $600,000 $300,000 $6,932 3.31%
BATON ROUGE, LA (FHA|USDA|VA) 2 $580,000 $290,000 $6,581 5.81%
MORRISTOWN, TN (FHA|USDA|VA) 1 $575,000 $575,000 $6,253 6.63%
Arkadelphia, AR (FHA|USDA|VA) 4 $570,000 $142,500 $5,072 5.59%
Muskogee, OK (FHA|USDA|VA) 4 $570,000 $142,500 $5,863 6.03%
Andrews, TX (FHA|USDA|VA) 1 $555,000 $555,000 $13,462 6.25%
JACKSON, MI (FHA|USDA|VA) 2 $550,000 $275,000 $7,016 4.63%
Forest City, NC (FHA|USDA|VA) 2 $540,000 $270,000 $8,706 4.88%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $525,000 $525,000 $10,650 5.13%
Orangeburg, SC (FHA|USDA|VA) 3 $525,000 $175,000 $11,323 5.58%
Centralia, WA (FHA|USDA|VA) 2 $520,000 $260,000 $12,335 4.13%
AMARILLO, TX (FHA|USDA|VA) 2 $520,000 $260,000 $7,173 5.87%
Del Rio, TX (FHA|USDA|VA) 2 $520,000 $260,000 $10,791 5.25%
Mount Airy, NC (FHA|USDA|VA) 1 $515,000 $515,000 $1,388 4.25%
Kingsville, TX (FHA|USDA|VA) 2 $510,000 $255,000 $10,217 5.12%
GREAT FALLS, MT (FHA|USDA|VA) 2 $510,000 $255,000 $6,528 5.88%
Snyder, TX (FHA|USDA|VA) 2 $510,000 $255,000 $2,172 5.87%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $490,000 $245,000 $6,792 4.50%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $485,000 $485,000 $7,028 3.88%
Enterprise, AL (FHA|USDA|VA) 1 $485,000 $485,000 $8,298 5.25%
DECATUR, AL (FHA|USDA|VA) 1 $465,000 $465,000 $3,833 4.75%
CASPER, WY (FHA|USDA|VA) 1 $445,000 $445,000 $3,654 3.99%
Rockport, TX (FHA|USDA|VA) 1 $445,000 $445,000 $21,131 3.75%
FOND DU LAC, WI (FHA|USDA|VA) 2 $440,000 $220,000 $8,693 5.31%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 3 $435,000 $145,000 $4,793 3.21%
Platteville, WI (FHA|USDA|VA) 2 $430,000 $215,000 $4,192 3.88%
Rexburg, ID (FHA|USDA|VA) 1 $425,000 $425,000 $20,089 5.25%
Lewisburg, TN (FHA|USDA|VA) 1 $425,000 $425,000 $11,055 3.75%
Taos, NM (FHA|USDA|VA) 1 $415,000 $415,000 $7,357 3.75%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $405,000 $405,000 $8,857 6.63%
Sweetwater, TX (FHA|USDA|VA) 3 $405,000 $135,000 $4,388 6.93%
Durant, OK (FHA|USDA|VA) 1 $405,000 $405,000 $6,051 4.00%
SUMTER, SC (FHA|USDA|VA) 1 $405,000 $405,000 $13,405 4.25%
Boone, NC (FHA|USDA|VA) 1 $405,000 $405,000 $2,781 7.38%
MISSOULA, MT (FHA|USDA|VA) 1 $395,000 $395,000 $13,880 5.99%
POCATELLO, ID (FHA|USDA|VA) 3 $395,000 $131,667 $6,060 6.29%
KNOXVILLE, TN (FHA|USDA|VA) 2 $390,000 $195,000 $9,173 4.94%
Nacogdoches, TX (FHA|USDA|VA) 2 $380,000 $190,000 $4,744 5.00%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $375,000 $375,000 $9,744 5.25%
Fredericksburg, TX (FHA|USDA|VA) 1 $375,000 $375,000 $9,091 5.88%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $375,000 $375,000 $21,135 5.63%
SALEM, OR (FHA|USDA|VA) 1 $375,000 $375,000 $11,980 5.00%
Tahlequah, OK (FHA|USDA|VA) 2 $370,000 $185,000 $5,699 5.38%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $370,000 $185,000 $9,196 4.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $355,000 $355,000 $1,575 5.75%
SAGINAW, MI (FHA|USDA|VA) 3 $345,000 $115,000 $4,956 4.46%
HATTIESBURG, MS (FHA|USDA|VA) 1 $345,000 $345,000 $15,151 5.25%
McComb, MS (FHA|USDA|VA) 2 $340,000 $170,000 $7,997 5.31%
Gallup, NM (FHA|USDA|VA) 2 $340,000 $170,000 $7,619 6.06%
RENO, NV (FHA|USDA|VA) 1 $335,000 $335,000 $6,019 3.75%
Hood River, OR (FHA|USDA|VA) 1 $335,000 $335,000 $6,401 5.88%
Hays, KS (FHA|USDA|VA) 1 $325,000 $325,000 $4,972 5.25%
PANAMA CITY, FL (FHA|USDA|VA) 1 $315,000 $315,000 $12,865 6.25%
JACKSON, TN (FHA|USDA|VA) 1 $315,000 $315,000 $7,798 7.63%
Hobbs, NM (FHA|USDA|VA) 1 $305,000 $305,000 $9,918 3.75%
ODESSA, TX (FHA|USDA|VA) 1 $305,000 $305,000 $14,514 7.25%
Bay City, TX (FHA|USDA|VA) 1 $295,000 $295,000 $7,971 3.38%
Jasper, AL (FHA|USDA|VA) 1 $295,000 $295,000 $5,827 5.38%
Beaver Dam, WI (FHA|USDA|VA) 2 $290,000 $145,000 $3,824 3.63%
Palestine, TX (FHA|USDA|VA) 1 $285,000 $285,000 $14,907 5.25%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $280,000 $140,000 $4,258 5.50%
Richmond-Berea, KY (FHA|USDA|VA) 1 $275,000 $275,000 $3,406 5.38%
Pampa, TX (FHA|USDA|VA) 1 $275,000 $275,000 $9,908 4.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $275,000 $275,000 $12,905 6.75%
Dayton, TN (FHA|USDA|VA) 1 $275,000 $275,000 $8,471 3.13%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $275,000 $275,000 $5,507 3.38%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $9,859 3.25%
GRANTS PASS, OR (FHA|USDA|VA) 1 $275,000 $275,000 $8,750 4.75%
Batesville, AR (FHA|USDA|VA) 2 $270,000 $135,000 $6,377 6.00%
Blackfoot, ID (FHA|USDA|VA) 1 $265,000 $265,000 $8,953 5.25%
WALLA WALLA, WA (FHA|USDA|VA) 1 $265,000 $265,000 $0 4.00%
GAINESVILLE, FL (FHA|USDA|VA) 1 $265,000 $265,000 $6,967 5.63%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $265,000 $265,000 $13,640 5.25%
Shawano, WI (FHA|USDA|VA) 2 $260,000 $130,000 $5,516 4.38%
Natchitoches, LA (FHA|USDA|VA) 1 $255,000 $255,000 $11,133 4.38%
Pahrump, NV (FHA|USDA|VA) 1 $255,000 $255,000 $6,782 5.99%
Washington, NC (FHA|USDA|VA) 1 $255,000 $255,000 $10,869 5.49%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $255,000 $255,000 $7,768 5.75%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $245,000 $245,000 $0 4.50%
Cookeville, TN (FHA|USDA|VA) 1 $245,000 $245,000 $9,013 6.13%
PITTSBURGH, PA (FHA|USDA|VA) 1 $245,000 $245,000 $12,522 5.13%
Riverton, WY (FHA|USDA|VA) 1 $245,000 $245,000 $3,737 4.63%
Greenwood, SC (FHA|USDA|VA) 1 $235,000 $235,000 $7,706 3.75%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $235,000 $235,000 $8,033 6.13%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $225,000 $225,000 $3,353 4.63%
Klamath Falls, OR (FHA|USDA|VA) 1 $225,000 $225,000 $8,839 5.13%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $225,000 $225,000 $8,344 5.88%
Paragould, AR (FHA|USDA|VA) 1 $225,000 $225,000 $14,849 4.88%
MONROE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $4,334 3.75%
Cañon City, CO (FHA|USDA|VA) 1 $215,000 $215,000 $2,383 4.75%
FORT WAYNE, IN (FHA|USDA|VA) 3 $215,000 $71,667 $0 4.88%
Mount Pleasant, MI (FHA|USDA|VA) 1 $215,000 $215,000 $5,224 3.99%
FLORENCE, SC (FHA|USDA|VA) 1 $205,000 $205,000 $9,767 5.00%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $205,000 $205,000 $5,801 5.38%
Palatka, FL (FHA|USDA|VA) 1 $205,000 $205,000 $8,110 5.75%
Brevard, NC (FHA|USDA|VA) 1 $205,000 $205,000 $6,684 4.99%
Beeville, TX (FHA|USDA|VA) 1 $195,000 $195,000 $11,529 3.75%
Grenada, MS (FHA|USDA|VA) 1 $195,000 $195,000 $5,052 6.63%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,885 2.75%
HAMMOND, LA (FHA|USDA|VA) 1 $185,000 $185,000 $10,174 4.75%
Clovis, NM (FHA|USDA|VA) 1 $185,000 $185,000 $7,737 5.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $185,000 $185,000 $6,297 5.25%
Woodward, OK (FHA|USDA|VA) 1 $175,000 $175,000 $8,425 6.38%
Miami, OK (FHA|USDA|VA) 1 $175,000 $175,000 $4,767 5.88%
OCALA, FL (FHA|USDA|VA) 1 $175,000 $175,000 $9,039 5.25%
Silver City, NM (FHA|USDA|VA) 1 $175,000 $175,000 $7,727 5.63%
Rockingham, NC (FHA|USDA|VA) 2 $170,000 $85,000 $7,212 5.13%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $165,000 $165,000 $5,632 4.99%
Union, SC (FHA|USDA|VA) 1 $165,000 $165,000 $6,150 6.75%
Oxford, MS (FHA|USDA|VA) 1 $155,000 $155,000 $4,008 4.25%
Traverse City, MI (FHA|USDA|VA) 1 $155,000 $155,000 $7,738 5.63%
Brownwood, TX (FHA|USDA|VA) 1 $155,000 $155,000 $9,237 4.75%
Big Spring, TX (FHA|USDA|VA) 1 $145,000 $145,000 $7,868 4.75%
Outside of Metro Areas 1 $145,000 $145,000 $6,557 3.63%
Malvern, AR (FHA|USDA|VA) 1 $135,000 $135,000 $5,702 5.25%
Ruidoso, NM (FHA|USDA|VA) 1 $135,000 $135,000 $5,065 6.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $135,000 $135,000 $4,078 6.00%
Union City, TN (FHA|USDA|VA) 1 $125,000 $125,000 $3,644 6.88%
MONROE, MI (FHA|USDA|VA) 1 $125,000 $125,000 $5,624 4.88%
RACINE, WI (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.63%
HARRISONBURG, VA (FHA|USDA|VA) 1 $115,000 $115,000 $4,944 5.50%
LAFAYETTE, LA (FHA|USDA|VA) 1 $115,000 $115,000 $5,509 4.13%
Elk City, OK (FHA|USDA|VA) 1 $105,000 $105,000 $6,801 4.63%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $105,000 $105,000 $2,874 5.63%
Alamogordo, NM (FHA|USDA|VA) 1 $95,000 $95,000 $2,996 3.75%
TOPEKA, KS (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.88%
Cornerstone Home Lending's top markets include Houston, Seattle, Oklahoma City, Dallas, and San Antonio among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against CORNERSTONE HOME LENDING based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First Oklahoma Mortgage, LLC
    Similarity Rank: 108
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    BTH Bank
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    AMERICA'S CHOICE HOME LOANS LP
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    RED CROWN
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    MORTGAGE CLEARING CORPORATION
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 9,735 $3,781,295,000 $388,423 $8,074 4.92%
    FHA 2,622 $726,200,000 $276,964 $11,457 5.06%
    VA 1,672 $621,920,000 $371,962 $8,885 4.89%
    USDA 173 $43,635,000 $252,225 $8,531 4.97%

    For 2022, Cornerstone Home Lending's most frequently originated type of loan was Conventional, with 9,735 originations. Their 2nd most popular type was FHA, with 2,622 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 12,530 $4,589,650,000 $366,293 $9,042 5.03%
    Cash Out Refi 986 $340,770,000 $345,609 $7,453 4.37%
    Refi 551 $200,475,000 $363,838 $6,916 3.96%
    Other 118 $36,900,000 $312,712 $7,012 4.92%
    Home Improvement 17 $5,255,000 $309,118 $7,800 5.55%

    For 2022, Cornerstone Home Lending's most frequently cited loan purpose was Home Purchase, with 12,530 originations. The 2nd most popular reason was Cash Out Refi, with 986 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 13,502 $5,001,450,000 $370,423 $9,000 4.99%
    15 Year 510 $131,270,000 $257,392 $5,865 4.06%
    20 Year 101 $30,355,000 $300,545 $6,280 4.68%
    3 Year 35 $265,000 $7,571 $0 0.00%
    10 Year 29 $2,975,000 $102,586 $2,268 3.99%
    Other 19 $5,015,000 $263,947 $6,478 4.30%
    30+ year 6 $1,720,000 $286,667 $10,674 6.47%

    For 2022, Cornerstone Home Lending's most frequently cited loan duration was 30 Year, with 13,502 originations. The 2nd most popular length was 15 Year, with 510 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 4,223 $1,942,495,000 $459,980
    $1k-2k 3,540 $1,345,820,000 $380,175
    $2k-3k 1,583 $456,435,000 $288,335
    $3k-4k 1,571 $450,125,000 $286,521
    $4k-5k 1,356 $438,450,000 $323,341
    $<1k 1,251 $354,825,000 $283,633

    Cornerstone Home Lending's average total fees were $9,000, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 4,223 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 4,382 $1,542,590,000 $352,029
    4-5% 3,691 $1,444,795,000 $391,437
    3-4% 3,217 $1,239,895,000 $385,420
    6-7% 2,097 $684,105,000 $326,230
    7-8% 364 $120,140,000 $330,055
    2.5-3% 281 $120,555,000 $429,021
    <2.5% 160 $18,100,000 $113,125
    Over 8% 10 $2,870,000 $287,000

    During 2022, Cornerstone Home Lending's average interest rate for loans was 4.99%, while their most frequently originated rate bucket for loans was 5-6%, with 4,382 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 7,023 $2,058,105,000 $293,052 $8,296 4.99%
    $400k-600k 2,977 $1,425,615,000 $478,876 $10,342 4.93%
    $100k-200k 2,186 $349,570,000 $159,913 $5,916 5.09%
    $600k-1MM 1,355 $971,115,000 $716,690 $12,440 4.81%
    $100,000 or less 412 $22,230,000 $53,956 $2,625 4.00%
    $1MM+ 249 $346,415,000 $1,391,225 $18,753 4.44%

    2022 saw Cornerstone Home Lending place emphasis on $200k-400k loans with 7,023 originations, totaling $2,058,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3,582 $1,334,910,000 $372,672 $9,247 5.00%
    $50k-75k 2,788 $654,800,000 $234,864 $7,342 4.86%
    $75k-100k 2,676 $803,210,000 $300,153 $8,475 4.97%
    $150k-250k 2,658 $1,268,220,000 $477,133 $10,045 4.99%
    $250k+ 1,297 $892,065,000 $687,791 $12,207 4.93%
    $50k or less 1,150 $200,520,000 $174,365 $6,098 4.77%

    Cornerstone Home Lending lent most frequently to those with incomes in the $100k-150k range, with 3,582 originations. The second most popular income band? $50k-75k, with 2,788 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 2,237 $846,795,000 $378,540 $8,384 4.91%
    20-30% 2,082 $771,490,000 $370,552 $8,240 4.77%
    50-60% 1,333 $430,975,000 $323,312 $10,732 4.96%
    44% 761 $270,415,000 $355,342 $8,937 5.02%
    49% 722 $249,370,000 $345,388 $9,615 5.10%
    42% 628 $248,890,000 $396,322 $8,941 4.93%
    48% 623 $215,525,000 $345,947 $9,039 5.12%
    43% 580 $204,920,000 $353,310 $8,296 5.04%
    40% 551 $217,265,000 $394,310 $8,617 4.90%
    45% 543 $183,485,000 $337,910 $8,532 4.98%
    46% 540 $182,950,000 $338,796 $8,977 5.03%
    41% 540 $202,810,000 $375,574 $8,733 4.99%
    47% 528 $185,490,000 $351,307 $9,207 5.11%
    39% 527 $195,655,000 $371,262 $8,810 4.95%
    <20% 503 $177,675,000 $353,231 $7,336 4.66%
    37% 484 $198,050,000 $409,194 $9,143 4.90%
    38% 465 $187,275,000 $402,742 $8,888 5.00%
    36% 439 $158,085,000 $360,103 $7,989 4.97%
    >60% 57 $24,085,000 $422,544 $10,688 5.14%

    Cornerstone Home Lending lent most frequently to those with DTI ratios of 30-36%, with 2,237 originations. The next most common DTI ratio? 20-30%, with 2,082 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 9,052 $3,241,470,000 $358,094 $8,438 4.94%
    Not provided 2,764 $1,081,290,000 $391,205 $9,508 4.93%
    Black 991 $323,715,000 $326,655 $9,419 4.94%
    Asian 583 $257,675,000 $441,981 $10,451 4.93%
    American Indian 520 $151,820,000 $291,962 $8,749 5.00%
    Asian Indian 87 $44,235,000 $508,448 $11,373 4.96%
    Other Asian 87 $30,205,000 $347,184 $10,259 5.28%
    Other Pacific Islander 26 $8,630,000 $331,923 $10,971 5.03%
    Filipino 24 $8,610,000 $358,750 $8,448 5.23%
    Chinese 18 $6,860,000 $381,111 $7,942 5.01%
    Native Hawaiian or Islander 19 $6,775,000 $356,579 $8,510 4.69%
    Korean 11 $4,145,000 $376,818 $7,102 4.45%
    Vietnamese 8 $2,280,000 $285,000 $9,871 4.81%
    Not applicable 2 $1,510,000 $755,000 $0 7.63%
    Japanese 4 $1,240,000 $310,000 $7,418 4.41%
    Guamanian 2 $990,000 $495,000 $11,044 5.00%
    Samoan 2 $950,000 $475,000 $14,672 6.31%
    Native Hawaiian 2 $650,000 $325,000 $5,397 6.63%

    Approval Rates

    Total approvals of all applications
    97.36%

    Cornerstone Home Lending has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    69.92%

    Cornerstone Home Lending has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 14,202 $5,173,050,000 $364,248

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    14,202 $5,173,050,000 $364,248

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 423 $104,855,000 $247,884 $6,282 4.75%
    40-60% 1,160 $415,110,000 $357,853 $7,386 4.72%
    60-80% 3,633 $1,518,805,000 $418,058 $8,849 4.89%
    80-100% 8,309 $2,951,005,000 $355,158 $9,022 5.06%
    Over 100% 474 $172,120,000 $363,122 $14,131 5.01%
    Under 20% 203 $11,155,000 $54,951 $1,290 2.46%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    Cornerstone Home Lending Inc. VA mortgage Trouble during payment process 1 100.0%