What loan types does Cornerstone Bank offer?

Cornerstone Bank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing score and performance metrics.

Where does Cornerstone Bank offer mortgages?

Cornerstone Bank offers mortgages in 7 states: CT, FL, MA, ME, NH, RI, SC.

How competitive are Cornerstone Bank's mortgage rates?

Cornerstone Bank has an overall pricing score of 79.7/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Cornerstone Bank?

Cornerstone Bank is a Bank headquartered in Spencer, MA.

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Cornerstone Bank

Bank•Spencer, MAHQ•Direct•Reviews near you on Google

Cornerstone Bank has 122 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Strong

4/5

vs. all lenders

Pull-through

Sound

3/5

closing strength

Product

Sound

3/5

Conventional · Jumbo

Place

Strong

4/5

Multi-Region · 2 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Offers rates 4.20 basis points below market average
Lower than average lender fees

Explore another lender or local market

Report Card

Cornerstone Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

Rates 4.2 bps below market avg

4/5

Pull Through

Closing strength

Sound

Top 60% of lenders

3/5

By Loan Product· Specialization by type

Conventional

112 loans · 0.03% below market

Sound

Top 60% of lenders

3/5

Jumbo

10 loans · 0.20% below market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

112 loans · 0.03% below market

Sound

Top 60% of lenders

3/5

Refinance

10 loans · 0.21% below market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 2 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Exceptional	Acceptable	112	91.8%	-0.027%Below	$760Fees
Jumbo Loans	Sound	Sound	—	—	10	8.2%	-0.203%Below	$331Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Exceptional

Pull Through

Acceptable

Volume112

Mix91.8%

Spread

-0.027%Below

Fees

$760Fees

Jumbo Loans

Overall

Sound

Product

Sound

Pricing—

Pull Through—

Volume10

Mix8.2%

Spread

-0.203%Below

Fees

$331Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Strong	Acceptable	112	91.8%	-0.025%Below	$676Fees
Refinance	Acceptable	Acceptable	—	—	10	8.2%	-0.214%Below	$1,222Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Acceptable

Volume112

Mix91.8%

Spread

-0.025%Below

Fees

$676Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through—

Volume10

Mix8.2%

Spread

-0.214%Below

Fees

$1,222Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

122

Applications

184

Volume

$53 million

Pricing & Closing

Avg Rate Spread

-0.042%

vs. market APOR

Avg Net Fees

$726

Origination − Credits

Pullthrough Rate

66.3%

Applications → Closed

Typical Borrower

Avg Loan Amount

$435,902

Avg Borrower Income

$198,869

Avg Property Value

$649,344

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

7Full-year 2024 · HMDA

Loans originated

< 100100+None

Northeast5

CTMEMANHRI

South2

FLSC

Top Metro Areas by Place Specialization Score

Worcester, MAMetro

Volume 74Mix 60.66% of portfolio

81/100

Exceptional

Cambridge, MAMetro

Volume 12Mix 9.84% of portfolio

47/100

Sound

Top States by Place Specialization Score

MassachusettsState

Volume 113Mix 92.62% of portfolio

71/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.