Cardinal Financial Company, Limited Partnership
Headquartered in Charlotte, NC, Cardinal Financial is a nationwide direct mortgage lender that provides modernized home financing solutions. Since 1987, we’ve been committed to facilitating a lending experience of unrivaled transparency, simplicity, and value. We have nearly 1,000 employees across the country who are routinely generating billions of dollars in loans and connecting borrowers to their homes every day.
Only mature lenders with a proven record of success achieve the status of “approved lender” for Fannie Mae, Freddie Mac, and Ginnie Mae as well as “approved lending institution” for the FHA, VA, and USDA. Not only has Cardinal Financial earned all of these approvals, but we have consistently maintained the high standards required by them.
dealing with Cardinal was the right choice for me, they made me feel comfortable through the process.
It was easy, fast and hassle free. Completely different and much easier than our last home closing. Would definitely recommend to anyone I know.
Laura was an absolute pleasure to work with. As first time home buyers we had quite a few questions throughout the process, and Laura ensured she was always just a phone call or text away. We appreciated her expertise, as well as the prompt communication received from the entire team.
Wendy went above and beyond to get the deal done. She was very communicative during the entire process.
The entire process was quick! Dale is knowledgeable about the products and very friendly. This is the second time I work with him and I recommend it!
Boasting fast closings, a huge variety of products and many low-down-payment options, Cardinal Financial is a technologically innovative mortgage company headquartered in Charlotte, N.C. The company started in 2013 and had a total 2017 mortgage volume of $979 million.
At its 118 locations, Cardinal Financial writes loans for the purchase or refinance of many properties that other lenders won’t, including:
The company underwrites loans for borrowers with credit scores as low as 580 for FHA loans and 620 for conventional loans.
The company is licensed to lend in all 50 states and Washington, D.C.
Cardinal Financial has a range of products for borrowers who want to buy a new home or refinance a property.
One of Cardinal Financial’s biggest priorities is to equip borrowers with many options to do business. In an interview, company representatives said Cardinal does not take a one-size-fits-all approach and instead tailors the experience to the borrower’s preferences, comfort level and tech-savviness.
Borrowers get a link for the proprietary Octane dashboard once they talk to a loan officer. The borrower can choose to rely on Octane and its updates to follow the progress of the loan, or they can call their loan officer at any time throughout the process. In addition to being secured and constantly updated, the Octane dashboard is universal, so everyone — from borrower to underwriter to processor to loan officer — can see the same information. That means if the borrower needs to call the general client care line because their loan officer is unavailable, the representative who answers the call will be able to see everything the loan officer would.
Editorial Note: Parts of this article were reviewed by a lender to ensure accuracy prior to publication. The overall conclusions, recommendations and opinions are the author’s alone.
The information in this article is accurate as of the date of publishing.