Lenders › Cardinal Financial Company, Li › Florida
Cardinal Financial Company, Li in Florida
HMDA record for properties in Florida, calendar year 2024. National record · Florida 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 Florida covers 2,546 applications, 1,700 of them originated, worth $522m.
Its denial rate in the state was 13.0%, below the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its Florida originations was 0.3 percentage points (state median 0.3).
Applications in the state were down 57% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 13.0% | 29.0% | 10.1% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 7.0% | 16.4% | 13.5% | 15.6% |
| Average originated loan | $307k | $359k | $299k | $329k |
| Home purchase share | 84.1% | 62.9% | 82.0% | 57.0% |
| FHA-insured share | 40.8% | 17.7% | 39.3% | 13.4% |
| VA-guaranteed share | 12.1% | 9.5% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 84% (1,430)Home improvement 0% (3)Refinancing 4% (75)Cash-out refinancing 9% (150)Other purpose 2% (42)
By type
Conventional 47% (797)FHA 41% (694)VA 12% (206)USDA 0% (3)
Denial reasons as coded
Share of 309 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 300 | 204 | $64m | 13.7% |
| Pasco County | 259 | 184 | $53m | 9.0% |
| Duval County | 223 | 157 | $46m | 9.9% |
| Pinellas County | 155 | 100 | $37m | 10.0% |
| Polk County | 125 | 98 | $24m | 7.5% |
| Broward County | 160 | 88 | $29m | 20.0% |
| Palm Beach County | 138 | 86 | $28m | 18.2% |
| Bay County | 90 | 65 | $19m | 11.8% |
| Manatee County | 81 | 56 | $19m | 13.5% |
| Lee County | 70 | 49 | $14m | 14.7% |
| Hernando County | 63 | 46 | $11m | 5.5% |
| St. Lucie County | 58 | 37 | $11m | 17.2% |
| Volusia County | 50 | 35 | $10m | 10.4% |
| St. Johns County | 46 | 34 | $14m | 7.1% |
| Clay County | 45 | 30 | $10m | 11.9% |
| Marion County | 49 | 29 | $6.0m | 19.6% |
| Miami-Dade County | 52 | 28 | $13m | 20.8% |
| Sarasota County | 45 | 28 | $9.7m | 14.3% |
| Orange County | 39 | 23 | $8.3m | 22.9% |
| Brevard County | 36 | 23 | $7.0m | 11.1% |
| Charlotte County | 33 | 21 | $5.2m | 15.6% |
| Nassau County | 26 | 20 | $7.4m | 8.0% |
| Citrus County | 30 | 18 | $4.6m | 19.2% |
| Lake County | 27 | 18 | $6.4m | 8.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in Florida in 2024?
1,700 loans totalling $522m, from 2,546 applications reported for properties in Florida.
What is Cardinal Financial Company, Li's denial rate in Florida?
13.0% of decided applications in Florida were denied, against 29.0% 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 Florida counties does Cardinal Financial Company, Li lend in most?
By originations: Hillsborough County (204), Pasco County (184), Duval County (157), Pinellas County (100), Polk County (98).
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 Florida. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.