Lenders › Cardinal Financial Company, Li › Mississippi
Cardinal Financial Company, Li in Mississippi
HMDA record for properties in Mississippi, calendar year 2024. National record · Mississippi 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 Mississippi covers 291 applications, 204 of them originated, worth $42m.
Its denial rate in the state was 7.4%, below the Mississippi rate of 30.2% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its Mississippi originations was 0.4 percentage points (state median 0.4).
Applications in the state were down 13% on 2023.
Compared with the state and the lender's national record
| Measure | In Mississippi | Mississippi, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 7.4% | 30.2% | 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 | 7.4% | 18.2% | 13.5% | 15.6% |
| Average originated loan | $203k | $189k | $299k | $329k |
| Home purchase share | 94.6% | 57.7% | 82.0% | 57.0% |
| FHA-insured share | 75.5% | 18.3% | 39.3% | 13.4% |
| VA-guaranteed share | 12.3% | 10.3% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMississippi, all lenders
Loan purpose and loan type in Mississippi
By purpose
Home purchase 95% (193)Refinancing 1% (2)Cash-out refinancing 4% (8)Other purpose 0% (1)
By type
Conventional 7% (15)FHA 75% (154)VA 12% (25)USDA 5% (10)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Mississippi
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Lowndes County | 42 | 26 | $5.7m | 24.4% |
| DeSoto County | 29 | 26 | $6.0m | 3.6% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in Mississippi in 2024?
204 loans totalling $42m, from 291 applications reported for properties in Mississippi.
What is Cardinal Financial Company, Li's denial rate in Mississippi?
7.4% of decided applications in Mississippi were denied, against 30.2% 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 Mississippi counties does Cardinal Financial Company, Li lend in most?
By originations: Lowndes County (26), DeSoto County (26).
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 Mississippi. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.