Lenders › Cardinal Financial Company, Li › New Mexico
Cardinal Financial Company, Li in New Mexico
HMDA record for properties in New Mexico, calendar year 2024. National record · New Mexico 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 New Mexico, Cardinal Financial Company, Li reported 235 applications and 163 originations for 2024, $55m in all.
Its denial rate in the state was 10.1%, below the New Mexico rate of 25.7% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its New Mexico originations was 0.4 percentage points (state median 0.4).
Applications in the state were down 40% on 2023.
Compared with the state and the lender's national record
| Measure | In New Mexico | New Mexico, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 10.1% | 25.7% | 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 | 8.2% | 22.3% | 13.5% | 15.6% |
| Average originated loan | $338k | $247k | $299k | $329k |
| Home purchase share | 93.9% | 62.7% | 82.0% | 57.0% |
| FHA-insured share | 54.0% | 17.8% | 39.3% | 13.4% |
| VA-guaranteed share | 6.7% | 12.0% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew Mexico, all lenders
Loan purpose and loan type in New Mexico
By purpose
Home purchase 94% (153)Refinancing 2% (4)Cash-out refinancing 2% (4)Other purpose 1% (2)
By type
Conventional 39% (64)FHA 54% (88)VA 7% (11)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in New Mexico
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Santa Fe County | 86 | 66 | $23m | 4.8% |
| Sandoval County | 46 | 33 | $9.0m | 13.3% |
| Bernalillo County | 50 | 32 | $13m | 16.7% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in New Mexico in 2024?
163 loans totalling $55m, from 235 applications reported for properties in New Mexico.
What is Cardinal Financial Company, Li's denial rate in New Mexico?
10.1% of decided applications in New Mexico were denied, against 25.7% 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 New Mexico counties does Cardinal Financial Company, Li lend in most?
By originations: Santa Fe County (66), Sandoval County (33), Bernalillo County (32).
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 New Mexico. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.