Lenders › Cardinal Financial Company, Li › California
Cardinal Financial Company, Li in California
HMDA record for properties in California, calendar year 2024. National record · California overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Cardinal Financial Company, Li's 2024 HMDA record for California covers 509 applications, 349 of them originated, worth $187m.
Its denial rate in the state was 13.1%, below the California rate of 24.8% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its California originations was 0.5 percentage points (state median 0.4).
Applications in the state were down 66% on 2023.
Compared with the state and the lender's national record
| Measure | In California | California, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 13.1% | 24.8% | 10.1% | 24.3% |
| Median rate spread, pp | 0.5 | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 6.5% | 19.9% | 13.5% | 15.6% |
| Average originated loan | $535k | $566k | $299k | $329k |
| Home purchase share | 62.5% | 51.2% | 82.0% | 57.0% |
| FHA-insured share | 35.2% | 11.4% | 39.3% | 13.4% |
| VA-guaranteed share | 9.2% | 4.8% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateCalifornia, all lenders
Loan purpose and loan type in California
By purpose
Home purchase 62% (218)Home improvement 1% (2)Refinancing 17% (59)Cash-out refinancing 17% (58)Other purpose 3% (12)
By type
Conventional 56% (194)FHA 35% (123)VA 9% (32)
Denial reasons as coded
Share of 63 denials in California by first denial reason coded (outlined bar: all lenders in the state).
Counties in California
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| San Diego County | 123 | 100 | $66m | 8.3% |
| Riverside County | 42 | 27 | $13m | 5.1% |
| Los Angeles County | 41 | 26 | $17m | 16.2% |
| Sacramento County | 32 | 20 | $8.5m | 12.9% |
| San Bernardino County | 31 | 15 | $5.1m | 27.6% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in California in 2024?
349 loans totalling $187m, from 509 applications reported for properties in California.
What is Cardinal Financial Company, Li's denial rate in California?
13.1% of decided applications in California were denied, against 24.8% for all lenders in the state and 10.1% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which California counties does Cardinal Financial Company, Li lend in most?
By originations: San Diego County (100), Riverside County (27), Los Angeles County (26), Sacramento County (20), San Bernardino County (15).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in California. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.