Cardinal Financial Company, Limited Partnership in Virginia vs the state
11.9%Denial rate-4.04 pts vs state
13.0%Decision denial rate-7.25 pts vs state
66.1%Origination rate+6.60 pts vs state
6.75%Median rate+0.13 pts vs state
0.77Rate spread (pts)+0.55 pts vs state
$85kMedian applicant income
361Loans originated
65Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 844 | 577 | 10.2% | 6.63% | #76 |
| 2024 | 644 | 475 | 9.2% | 6.75% | #88 |
| 2025 | 546 | 361 | 11.9% | 6.75% | #108 |
What Cardinal Financial Company, Limited Partnership lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Cardinal Financial Company, Limited Partnership applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Virginia Beach city | 38 | 29 | 2 | 5.3% |
| Loudoun County | 31 | 23 | 2 | 6.5% |
| Chesapeake city | 28 | 22 | 4 | 14.3% |
| Norfolk city | 28 | 23 | 3 | 10.7% |
| Washington County | 24 | 15 | 4 | 16.7% |
| Prince William County | 23 | 14 | 1 | 4.3% |
| Tazewell County | 22 | 14 | 0 | 0.0% |
| Portsmouth city | 21 | 10 | 6 | 28.6% |
| Newport News city | 20 | 14 | 2 | 10.0% |
| Fairfax County | 19 | 13 | 2 | 10.5% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 546 applications in 2025, of which 361 were originated and 65 denied.
11.9% of all applications, or 13.0% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Cardinal Financial Company, Limited Partnership originated in Virginia in 2025 was 6.75%, 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 Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology