Lenders › Cardinal Financial Company, Li › Ohio
Cardinal Financial Company, Li in Ohio
HMDA record for properties in Ohio, calendar year 2024. National record · Ohio 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 Ohio, Cardinal Financial Company, Li reported 236 applications and 143 originations for 2024, $35m in all.
Its denial rate in the state was 12.1%, below the Ohio rate of 23.5% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its Ohio originations was 0.6 percentage points (state median 0.5).
Applications in the state were down 45% on 2023.
Compared with the state and the lender's national record
| Measure | In Ohio | Ohio, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 12.1% | 23.5% | 10.1% | 24.3% |
| Median rate spread, pp | 0.6 | 0.5 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.5% | 17.7% | 13.5% | 15.6% |
| Average originated loan | $241k | $218k | $299k | $329k |
| Home purchase share | 53.1% | 51.7% | 82.0% | 57.0% |
| FHA-insured share | 58.7% | 12.3% | 39.3% | 13.4% |
| VA-guaranteed share | 11.9% | 5.9% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateOhio, all lenders
Loan purpose and loan type in Ohio
By purpose
Home purchase 53% (76)Refinancing 14% (20)Cash-out refinancing 31% (44)Other purpose 2% (3)
By type
Conventional 29% (42)FHA 59% (84)VA 12% (17)
Denial reasons as coded
Share of 26 denials in Ohio by first denial reason coded (outlined bar: all lenders in the state).
Counties in Ohio
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Franklin County | 25 | 16 | $4.2m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in Ohio in 2024?
143 loans totalling $35m, from 236 applications reported for properties in Ohio.
What is Cardinal Financial Company, Li's denial rate in Ohio?
12.1% of decided applications in Ohio were denied, against 23.5% 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 Ohio counties does Cardinal Financial Company, Li lend in most?
By originations: Franklin County (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 Ohio. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.