Cardinal Financial Company, Limited Partnership in North Carolina vs the state
12.7%Denial rate-5.35 pts vs state
13.7%Decision denial rate-9.08 pts vs state
62.9%Origination rate+5.10 pts vs state
6.50%Median rate0.00 pts vs state
0.45Rate spread (pts)+0.36 pts vs state
$86kMedian applicant income
480Loans originated
97Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,642 | 1,206 | 7.9% | 6.75% | #53 |
| 2024 | 967 | 682 | 8.4% | 6.75% | #80 |
| 2025 | 763 | 480 | 12.7% | 6.50% | #104 |
What Cardinal Financial Company, Limited Partnership lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 65 | 44 | 9 | 13.8% |
| Wake County | 46 | 28 | 4 | 8.7% |
| McDowell County | 43 | 27 | 6 | 14.0% |
| Catawba County | 38 | 30 | 4 | 10.5% |
| Gaston County | 37 | 29 | 2 | 5.4% |
| Brunswick County | 33 | 22 | 6 | 18.2% |
| Union County | 27 | 19 | 0 | 0.0% |
| Forsyth County | 22 | 14 | 0 | 0.0% |
| Cabarrus County | 21 | 16 | 1 | 4.8% |
| Lincoln County | 19 | 8 | 4 | 21.1% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 763 applications in 2025, of which 480 were originated and 97 denied.
12.7% of all applications, or 13.7% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Cardinal Financial Company, Limited Partnership's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology