Cardinal Financial Company, Limited Partnership in Rhode Island vs the state
5.9%Denial rate-12.82 pts vs state
5.9%Decision denial rate-17.29 pts vs state
70.6%Origination rate+10.84 pts vs state
6.44%Median rate-0.31 pts vs state
0.55Rate spread (pts)+0.37 pts vs state
$116kMedian applicant income
12Loans originated
1Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 26 | 15 | 23.1% | 6.63% | #119 |
| 2024 | 24 | 18 | 4.2% | 6.06% | #115 |
| 2025 | 17 | 12 | 5.9% | 6.44% | #157 |
What Cardinal Financial Company, Limited Partnership lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 9 | 5 | 1 | 11.1% |
| Kent County | 4 | 3 | 0 | 0.0% |
| Washington County | 4 | 4 | 0 | 0.0% |
Other large lenders in Rhode Island
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 6,329 | 27.8% | 7.40% |
| Navigant Credit Union | B | 2,847 | 16.1% | 6.50% |
| COASTAL1 Credit Union | B | 1,931 | 24.3% | 6.75% |
| The Washington Trust Company, of Westerly | C | 1,755 | 21.9% | 6.38% |
| Rocket Mortgage | C | 1,430 | 19.7% | 6.75% |
| Movement Mortgage | A | 1,308 | 3.6% | 6.63% |
| Bank of America | F | 1,298 | 39.1% | 6.24% |
| Primary Residential Mortgage | C | 1,056 | 8.4% | 6.63% |
| BankNewport | B | 1,014 | 19.7% | 6.63% |
| CMG Mortgage | A | 992 | 7.6% | 6.63% |
Frequently asked questions
Rhode Island: 17 applications in 2025, of which 12 were originated and 1 denied.
5.9% of all applications, or 5.9% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in Rhode Island in 2025 was 6.44%, 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 Rhode Island, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology