What loan types does Cornerstone State Bank offer?

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

Where does Cornerstone State Bank offer mortgages?

Cornerstone State Bank offers mortgages in 1 states: MN.

How competitive are Cornerstone State Bank's mortgage rates?

Cornerstone State Bank has an overall pricing score of 51/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Cornerstone State Bank?

Cornerstone State Bank is a Bank headquartered in Montgomery, MN.

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Cornerstone State Bank

Bank•Montgomery, MNHQ•Direct•Reviews near you on Google

Cornerstone State Bank has 35 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

Sound

3/5

vs. all lenders

Pull-through

Sound

3/5

closing strength

Product

Mediocre

1/5

Conventional

Place

Sound

3/5

Single State · 1 mkts

Explore another lender or local market

Report Card

Cornerstone State Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

Rates 38.9 bps below market avg

Pull Through

Closing strength

Sound

Top 60% of lenders

By Loan Product· Specialization by type

Conventional

Mediocre

Bottom 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Acceptable

Bottom 40% of lenders

By Location· Geographic coverage

Geographic Reach

Single State · 1 markets

Sound

Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Mediocre	Sound	Sound	33	94.3%	-0.331%Below	$2,438Fees

Conventional

Overall

Acceptable

Product

Mediocre

Pricing

Sound

Pull Through

Sound

Volume33

Mix94.3%

Spread

-0.331%Below

Fees

$2,438Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Acceptable	Sound	Sound	28	80.0%	-0.264%Below	$2,489Fees

Purchase

Overall

Acceptable

Product

Acceptable

Pricing

Sound

Pull Through

Sound

Volume28

Mix80.0%

Spread

-0.264%Below

Fees

$2,489Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

Volume

$11 million

Pricing & Closing

Avg Rate Spread

-0.389%

vs. market APOR

Avg Net Fees

$2,355

Origination − Credits

Pullthrough Rate

87.5%

Applications → Closed

Typical Borrower

Avg Loan Amount

$317,000

Avg Borrower Income

$160,000

Avg Property Value

$501,000

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

Midwest1

Top Metro Areas by Place Specialization Score

Minneapolis, MN-WIMetro

Volume 14Mix 40.00% of portfolio

51/100

Sound

Top States by Place Specialization Score

MinnesotaState

Volume 35Mix 100.00% of portfolio

61/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 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.