Cardinal Financial Company, Limited Partnership in Minnesota vs the state
4.1%Denial rate-9.53 pts vs state
4.3%Decision denial rate-12.09 pts vs state
82.8%Origination rate+16.44 pts vs state
6.75%Median rate+0.13 pts vs state
0.68Rate spread (pts)+0.42 pts vs state
$95kMedian applicant income
448Loans originated
22Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 560 | 464 | 7.1% | 6.69% | #60 |
| 2024 | 520 | 436 | 3.5% | 6.88% | #76 |
| 2025 | 541 | 448 | 4.1% | 6.75% | #78 |
What Cardinal Financial Company, Limited Partnership lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 122 | 96 | 3 | 2.5% |
| Anoka County | 46 | 38 | 0 | 0.0% |
| Dakota County | 45 | 43 | 0 | 0.0% |
| Ramsey County | 42 | 35 | 3 | 7.1% |
| Washington County | 32 | 28 | 0 | 0.0% |
| St. Louis County | 26 | 23 | 0 | 0.0% |
| Sherburne County | 23 | 20 | 0 | 0.0% |
| Wright County | 23 | 18 | 2 | 8.7% |
| Stearns County | 14 | 13 | 0 | 0.0% |
| Scott County | 14 | 10 | 2 | 14.3% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 541 applications in 2025, of which 448 were originated and 22 denied.
4.1% of all applications, or 4.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in Minnesota in 2025 was 6.75%, 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 Minnesota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology