Lenders › Cardinal Financial Company, Li › Texas
Cardinal Financial Company, Li in Texas
HMDA record for properties in Texas, calendar year 2024. National record · Texas 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 Texas covers 4,051 applications, 3,028 of them originated, worth $834m.
Its denial rate in the state was 8.5%, below the Texas rate of 26.0% across all lenders and compared with the lender's national rate of 10.1%.
The median rate spread on its Texas originations was 0.5 percentage points (state median 0.2).
Applications in the state were down 46% on 2023.
Compared with the state and the lender's national record
| Measure | In Texas | Texas, all lenders | Cardinal Financial Company, Li, all states | United States |
|---|---|---|---|---|
| Denial rate | 8.5% | 26.0% | 10.1% | 24.3% |
| Median rate spread, pp | 0.5 | 0.2 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 15.7% | 11.8% | 13.5% | 15.6% |
| Average originated loan | $275k | $350k | $299k | $329k |
| Home purchase share | 90.9% | 72.8% | 82.0% | 57.0% |
| FHA-insured share | 42.1% | 19.8% | 39.3% | 13.4% |
| VA-guaranteed share | 9.7% | 10.4% | 9.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTexas, all lenders
Loan purpose and loan type in Texas
By purpose
Home purchase 91% (2,752)Home improvement 0% (3)Refinancing 4% (135)Cash-out refinancing 3% (101)Other purpose 1% (37)
By type
Conventional 48% (1,453)FHA 42% (1,274)VA 10% (294)USDA 0% (7)
Denial reasons as coded
Share of 322 denials in Texas by first denial reason coded (outlined bar: all lenders in the state).
Counties in Texas
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Tarrant County | 477 | 386 | $110m | 6.0% |
| Harris County | 366 | 272 | $90m | 9.4% |
| Lubbock County | 279 | 211 | $34m | 8.8% |
| Dallas County | 231 | 171 | $51m | 12.1% |
| Bexar County | 183 | 131 | $38m | 7.3% |
| El Paso County | 173 | 123 | $31m | 8.1% |
| Parker County | 137 | 109 | $37m | 5.3% |
| Denton County | 124 | 96 | $34m | 9.3% |
| Ector County | 116 | 92 | $19m | 6.5% |
| Collin County | 110 | 85 | $37m | 9.9% |
| Midland County | 81 | 68 | $16m | 5.2% |
| Johnson County | 77 | 62 | $14m | 4.2% |
| Montgomery County | 63 | 45 | $13m | 3.6% |
| Galveston County | 53 | 42 | $9.7m | 5.8% |
| Smith County | 49 | 42 | $12m | 4.2% |
| Ellis County | 53 | 40 | $12m | 8.3% |
| Hood County | 44 | 37 | $10m | 0.0% |
| Henderson County | 44 | 34 | $7.5m | 2.5% |
| Fort Bend County | 50 | 32 | $10m | 6.8% |
| Brazoria County | 47 | 32 | $8.3m | 11.6% |
| Kaufman County | 41 | 29 | $6.9m | 12.5% |
| Grayson County | 38 | 26 | $6.4m | 20.6% |
| Bell County | 36 | 25 | $6.1m | 12.5% |
| Wise County | 33 | 25 | $5.9m | 12.9% |
| Travis County | 33 | 22 | $9.1m | 16.7% |
| Taylor County | 28 | 19 | $5.6m | — |
| McLennan County | 26 | 18 | $3.8m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Cardinal Financial Company, Li originate in Texas in 2024?
3,028 loans totalling $834m, from 4,051 applications reported for properties in Texas.
What is Cardinal Financial Company, Li's denial rate in Texas?
8.5% of decided applications in Texas were denied, against 26.0% 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 Texas counties does Cardinal Financial Company, Li lend in most?
By originations: Tarrant County (386), Harris County (272), Lubbock County (211), Dallas County (171), Bexar County (131).
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 Texas. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.