Cardinal Financial Company, Limited Partnership in North Dakota vs the state
9.1%Denial rate-2.35 pts vs state
9.5%Decision denial rate-4.20 pts vs state
77.3%Origination rate+7.58 pts vs state
6.99%Median rate+0.49 pts vs state
1.40Rate spread (pts)+1.16 pts vs state
$111kMedian applicant income
17Loans originated
2Denied
Trend in North Dakota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 25 | 15 | 16.0% | 6.25% | #84 |
| 2024 | 19 | 15 | 15.8% | 7.25% | #93 |
| 2025 | 22 | 17 | 9.1% | 6.99% | #103 |
What Cardinal Financial Company, Limited Partnership lends in North Dakota
By loan purpose
By loan type
Why it denied North Dakota applicants
Where in North Dakota
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Williams County | 5 | 4 | 0 | 0.0% |
| Grand Forks County | 4 | 4 | 0 | 0.0% |
| Cass County | 4 | 4 | 0 | 0.0% |
| McKenzie County | 3 | 0 | 2 | 66.7% |
| Pembina County | 2 | 2 | 0 | 0.0% |
| Ramsey County | 1 | 0 | 0 | 0.0% |
| Burleigh County | 1 | 1 | 0 | 0.0% |
| Griggs County | 1 | 1 | 0 | 0.0% |
| Emmons County | 1 | 1 | 0 | 0.0% |
Other large lenders in North Dakota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Gate City Bank | C | 3,106 | 11.3% | 6.65% |
| First International Bank & Trust | B | 1,112 | 4.0% | 6.63% |
| United Shore Financial Services | B | 881 | 7.5% | 6.25% |
| Rocket Mortgage | C | 827 | 21.6% | 6.63% |
| Bell Bank | A | 806 | 7.7% | 6.99% |
| First Community Credit Union | B | 675 | 7.1% | 6.49% |
| Capital | C | 646 | 3.7% | 7.00% |
| TOWN AND COUNTRY Credit Union | B | 571 | 2.1% | 6.25% |
| Mortgage Research Center | C | 500 | 13.6% | 6.25% |
| Fairway Independent Mortgage | B | 497 | 3.0% | 6.40% |
Frequently asked questions
North Dakota: 22 applications in 2025, of which 17 were originated and 2 denied.
9.1% of all applications, or 9.5% of the applications it actually decided on. The North Dakota statewide average across all lenders was 11.4%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in North Dakota in 2025 was 6.99%, 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 Dakota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology