Cardinal Financial Company, Limited Partnership in New Mexico vs the state
14.7%Denial rate-3.89 pts vs state
15.6%Decision denial rate-9.03 pts vs state
60.3%Origination rate+6.95 pts vs state
6.50%Median rate-0.13 pts vs state
0.28Rate spread (pts)-0.10 pts vs state
$104kMedian applicant income
41Loans originated
10Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 390 | 284 | 6.4% | 6.50% | #40 |
| 2024 | 235 | 163 | 9.8% | 6.38% | #63 |
| 2025 | 68 | 41 | 14.7% | 6.50% | #125 |
What Cardinal Financial Company, Limited Partnership lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 24 | 14 | 4 | 16.7% |
| Doña Ana County | 7 | 3 | 1 | 14.3% |
| Valencia County | 6 | 4 | 0 | 0.0% |
| Santa Fe County | 6 | 1 | 5 | 83.3% |
| Sandoval County | 5 | 4 | 0 | 0.0% |
| Roosevelt County | 4 | 3 | 0 | 0.0% |
| Chaves County | 3 | 0 | 0 | 0.0% |
| Eddy County | 2 | 2 | 0 | 0.0% |
| McKinley County | 2 | 2 | 0 | 0.0% |
| Lea County | 1 | 1 | 0 | 0.0% |
Other large lenders in New Mexico
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 4,440 | 20.5% | 6.75% |
| 21st Mortgage | F | 3,992 | 45.5% | 9.60% |
| United Shore Financial Services | B | 3,251 | 12.8% | 6.13% |
| Guild Mortgage | A | 3,186 | 4.3% | 6.63% |
| Nusenda | D | 2,962 | 13.7% | 8.00% |
| Waterstone Mortgage | C | 2,740 | 3.2% | 6.88% |
| Vanderbilt Mortgage and Finance | F | 2,085 | 46.4% | 9.99% |
| Sunward Federal Credit Union | B | 1,765 | 9.1% | 6.50% |
| Mortgage Research Center | C | 1,683 | 15.9% | 6.25% |
| Primary Residential Mortgage | C | 1,497 | 4.9% | 6.63% |
Frequently asked questions
New Mexico: 68 applications in 2025, of which 41 were originated and 10 denied.
14.7% of all applications, or 15.6% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in New Mexico in 2025 was 6.50%, 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 New Mexico, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology