“In a competitive market, lenders need to focus on reliability and efficiency,” Karl Benjamin, executive vice president of third-party origination at Cardinal Financial, said in a statement. “Our Non-Delegated Correspondent Program was designed with broker input to deliver stronger processing support, clearer visibility, and faster automation, giving our partners a strategic advantage.”The launch follows a year of expansion within Cardinal Financial’s third-party origination division. During that period, the company introduced Cardinal Complete, a full-service loan processing option, as well as additional non-QM mortgage products designed for borrowers with nontraditional income sources. Cardinal Financial said the new correspondent program, along with its other recent initiatives, is intended to provide partners with expanded product options and technology support. In late 2024, the company made history when it issued the first mortgage-backed security using FICO 10 T.