Cardinal Financial Company, Limited Partnership in Massachusetts vs the state
13.2%Denial rate-3.04 pts vs state
14.0%Decision denial rate-5.94 pts vs state
67.7%Origination rate+5.06 pts vs state
6.63%Median rate0.00 pts vs state
0.15Rate spread (pts)+0.05 pts vs state
$113kMedian applicant income
113Loans originated
22Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 249 | 146 | 14.9% | 6.50% | #132 |
| 2024 | 187 | 124 | 14.4% | 6.75% | #158 |
| 2025 | 167 | 113 | 13.2% | 6.63% | #185 |
What Cardinal Financial Company, Limited Partnership lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 49 | 40 | 3 | 6.1% |
| Middlesex County | 21 | 16 | 2 | 9.5% |
| Plymouth County | 18 | 9 | 3 | 16.7% |
| Suffolk County | 18 | 12 | 3 | 16.7% |
| Norfolk County | 16 | 8 | 5 | 31.3% |
| Essex County | 16 | 10 | 1 | 6.3% |
| Hampden County | 14 | 6 | 4 | 28.6% |
| Bristol County | 8 | 6 | 0 | 0.0% |
| Barnstable County | 3 | 3 | 0 | 0.0% |
| Hampshire County | 3 | 2 | 1 | 33.3% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 167 applications in 2025, of which 113 were originated and 22 denied.
13.2% of all applications, or 14.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in Massachusetts in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Cardinal Financial Company, Limited Partnership's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology