# Cornerstone Bank

> **Canonical URL:** https://saferate.com/lenders/cornerstone-bank-nd


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Cornerstone Bank is a bank, headquartered in Fargo, ND, serving borrowers across 3 states, with 31 loans originated in the most recent reporting period.

**At a Glance:**
- **Approval Rate:** Ranks in the top 60% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493003LIT6MPMIF5W07
- **Headquarters:** Fargo, ND
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** MN, ND, SD
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pull Through: Acceptable 🙂
- Score: 40/100
- Rating: ●●○○○ (2/5)


### Lending Volume
- **Total Loans:** 31
- **Dollar Volume:** $11 million
- **Applications Received:** 34
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $364,355
- **Average Borrower Income:** $242,065
- **Average Property Value:** $637,581

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 23/100 | 28 | - | - | Acceptable 🙂 |

### Product Performance by Purpose

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 20/100 | 18 | $9M | - | Mediocre 😐 |
| Refinance | 36/100 | 13 | $2M | - | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| ND | 18 | 0.25% | 56/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 16 | 38/100 |

## Frequently Asked Questions

### What loan types does Cornerstone Bank offer?

Cornerstone Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Cornerstone Bank offer mortgages?

Cornerstone Bank offers mortgages in 3 states: MN, ND, SD.

### What type of lender is Cornerstone Bank?

Cornerstone Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Fargo, ND.

### What is Cornerstone Bank's loan approval success rate?

Cornerstone Bank has a pull-through score of 40/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/cornerstone-bank-nd

### How to Cite

> "Cornerstone Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/cornerstone-bank-nd

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