Cardinal Financial Company, Limited Partnership in Tennessee vs the state
8.3%Denial rate-8.89 pts vs state
8.8%Decision denial rate-12.84 pts vs state
73.7%Origination rate+15.63 pts vs state
6.75%Median rate+0.13 pts vs state
0.71Rate spread (pts)+0.48 pts vs state
$79kMedian applicant income
715Loans originated
80Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,819 | 1,240 | 8.9% | 6.75% | #33 |
| 2024 | 866 | 610 | 8.1% | 6.75% | #69 |
| 2025 | 970 | 715 | 8.3% | 6.75% | #69 |
What Cardinal Financial Company, Limited Partnership lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sullivan County | 127 | 91 | 17 | 13.4% |
| Washington County | 126 | 96 | 6 | 4.8% |
| Greene County | 58 | 41 | 2 | 3.4% |
| Hawkins County | 40 | 28 | 3 | 7.5% |
| Carter County | 38 | 27 | 3 | 7.9% |
| Shelby County | 37 | 29 | 4 | 10.8% |
| Henry County | 36 | 33 | 1 | 2.8% |
| Montgomery County | 30 | 21 | 3 | 10.0% |
| Unicoi County | 29 | 20 | 3 | 10.3% |
| Dickson County | 25 | 22 | 1 | 4.0% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 970 applications in 2025, of which 715 were originated and 80 denied.
8.3% of all applications, or 8.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in Tennessee in 2025 was 6.75%, against a statewide median of 6.62%.
About this data. Figures are Cardinal Financial Company, Limited Partnership's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology