Cardinal Financial Company, Limited Partnership in Michigan vs the state
8.5%Denial rate-10.01 pts vs state
8.9%Decision denial rate-13.66 pts vs state
77.0%Origination rate+17.06 pts vs state
6.99%Median rate+0.24 pts vs state
0.98Rate spread (pts)+0.58 pts vs state
$72kMedian applicant income
217Loans originated
24Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 639 | 437 | 11.7% | 6.88% | #89 |
| 2024 | 361 | 257 | 9.7% | 6.88% | #140 |
| 2025 | 282 | 217 | 8.5% | 6.99% | #179 |
What Cardinal Financial Company, Limited Partnership lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cass County | 37 | 32 | 4 | 10.8% |
| Wayne County | 29 | 18 | 4 | 13.8% |
| St. Joseph County | 29 | 26 | 0 | 0.0% |
| Oakland County | 21 | 12 | 3 | 14.3% |
| Macomb County | 20 | 18 | 2 | 10.0% |
| Berrien County | 16 | 14 | 0 | 0.0% |
| Dickinson County | 14 | 10 | 4 | 28.6% |
| Kalamazoo County | 9 | 7 | 0 | 0.0% |
| Genesee County | 8 | 4 | 1 | 12.5% |
| Calhoun County | 8 | 7 | 1 | 12.5% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 282 applications in 2025, of which 217 were originated and 24 denied.
8.5% of all applications, or 8.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in Michigan in 2025 was 6.99%, against a statewide median of 6.75%.
About this data. Figures are Cardinal Financial Company, Limited Partnership's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology