Lenders › Cardinal Financial Company, Li › Delaware
Cardinal Financial Company, Li in Delaware
HMDA record for properties in Delaware, calendar year 2024. National record · Delaware 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.
In Delaware, Cardinal Financial Company, Li reported 169 applications and 119 originations for 2024, $39m in all.
Its denial rate in the state was 3.8%, below the Delaware rate of 25.4% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its Delaware originations was 0.4 percentage points (state median 0.4).
Applications in the state were down 30% on 2023.
Compared with the state and the lender's national record
| Measure | In Delaware | Delaware, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 3.8% | 25.4% | 10.1% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 4.4% | 16.9% | 13.5% | 15.6% |
| Average originated loan | $332k | $289k | $299k | $329k |
| Home purchase share | 79.8% | 56.3% | 82.0% | 57.0% |
| FHA-insured share | 35.3% | 14.8% | 39.3% | 13.4% |
| VA-guaranteed share | 12.6% | 7.7% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateDelaware, all lenders
Loan purpose and loan type in Delaware
By purpose
Home purchase 80% (95)Refinancing 7% (8)Cash-out refinancing 9% (11)Other purpose 4% (5)
By type
Conventional 52% (62)FHA 35% (42)VA 13% (15)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Delaware
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| New Castle County | 88 | 65 | $22m | 3.6% |
| Kent County | 55 | 40 | $12m | 3.9% |
| Sussex County | 25 | 14 | $5.3m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in Delaware in 2024?
119 loans totalling $39m, from 169 applications reported for properties in Delaware.
What is Cardinal Financial Company, Li's denial rate in Delaware?
3.8% of decided applications in Delaware were denied, against 25.4% 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 Delaware counties does Cardinal Financial Company, Li lend in most?
By originations: New Castle County (65), Kent County (40), Sussex County (14).
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 Delaware. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.