Lenders › Cardinal Financial Company, Li › Maryland
Cardinal Financial Company, Li in Maryland
HMDA record for properties in Maryland, calendar year 2024. National record · Maryland 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 Maryland, Cardinal Financial Company, Li reported 292 applications and 165 originations for 2024, $61m in all.
Its denial rate in the state was 15.7%, below the Maryland rate of 24.9% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its Maryland originations was 0.3 percentage points (state median 0.3).
Applications in the state were down 49% on 2023.
Compared with the state and the lender's national record
| Measure | In Maryland | Maryland, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 15.7% | 24.9% | 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 | 5.8% | 17.7% | 13.5% | 15.6% |
| Average originated loan | $370k | $348k | $299k | $329k |
| Home purchase share | 66.1% | 56.2% | 82.0% | 57.0% |
| FHA-insured share | 42.4% | 14.6% | 39.3% | 13.4% |
| VA-guaranteed share | 7.3% | 10.0% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMaryland, all lenders
Loan purpose and loan type in Maryland
By purpose
Home purchase 66% (109)Refinancing 12% (20)Cash-out refinancing 19% (32)Other purpose 2% (4)
By type
Conventional 50% (83)FHA 42% (70)VA 7% (12)
Denial reasons as coded
Share of 41 denials in Maryland by first denial reason coded (outlined bar: all lenders in the state).
Counties in Maryland
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Prince George's County | 69 | 33 | $12m | 31.7% |
| Montgomery County | 42 | 27 | $13m | 2.6% |
| Baltimore County | 33 | 25 | $9.2m | 6.3% |
| Baltimore city | 30 | 16 | $3.4m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in Maryland in 2024?
165 loans totalling $61m, from 292 applications reported for properties in Maryland.
What is Cardinal Financial Company, Li's denial rate in Maryland?
15.7% of decided applications in Maryland were denied, against 24.9% 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 Maryland counties does Cardinal Financial Company, Li lend in most?
By originations: Prince George's County (33), Montgomery County (27), Baltimore County (25), Baltimore city (16).
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 Maryland. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.