Lenders › Cardinal Financial Company, Li › Nevada
Cardinal Financial Company, Li in Nevada
HMDA record for properties in Nevada, calendar year 2024. National record · Nevada 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 Nevada covers 525 applications, 384 of them originated, worth $147m.
Its denial rate in the state was 8.3%, below the Nevada rate of 23.9% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its Nevada originations was 0.5 percentage points (state median 0.3).
Applications in the state were down 30% on 2023.
Compared with the state and the lender's national record
| Measure | In Nevada | Nevada, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 8.3% | 23.9% | 10.1% | 24.3% |
| Median rate spread, pp | 0.5 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 11.6% | 18.4% | 13.5% | 15.6% |
| Average originated loan | $383k | $366k | $299k | $329k |
| Home purchase share | 79.7% | 61.5% | 82.0% | 57.0% |
| FHA-insured share | 22.4% | 18.3% | 39.3% | 13.4% |
| VA-guaranteed share | 9.9% | 10.8% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNevada, all lenders
Loan purpose and loan type in Nevada
By purpose
Home purchase 80% (306)Refinancing 3% (12)Cash-out refinancing 12% (47)Other purpose 5% (19)
By type
Conventional 68% (260)FHA 22% (86)VA 10% (38)
Denial reasons as coded
Share of 41 denials in Nevada by first denial reason coded (outlined bar: all lenders in the state).
Counties in Nevada
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Clark County | 398 | 305 | $121m | 6.6% |
| Washoe County | 84 | 53 | $19m | 12.5% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in Nevada in 2024?
384 loans totalling $147m, from 525 applications reported for properties in Nevada.
What is Cardinal Financial Company, Li's denial rate in Nevada?
8.3% of decided applications in Nevada were denied, against 23.9% 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 Nevada counties does Cardinal Financial Company, Li lend in most?
By originations: Clark County (305), Washoe County (53).
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 Nevada. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.