Canopy Mortgage, LLC mortgage approval rate & lending review
Canopy Mortgage, LLC decided 14,046 mortgage applications and funded 13,433 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Canopy Mortgage, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to canopymortgage.com.
Canopy Mortgage, LLC at a glance
Approval is 10.5 points above the 86.0% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 98% | 11,624 / 11,915 | 99% | $335K | 11,535 |
| Cash-out refinance | 85% | 531 / 622 | 98% | $305K | 518 |
| Refinance | 94% | 693 / 740 | 98% | $405K | 677 |
| Investment property purchase | 96% | 562 / 586 | 99% | $255K | 559 |
| Investment cash-out refinance | 78% | 96 / 123 | 100% | $205K | 96 |
| Investment refinance | 80% | 48 / 60 | 100% | $265K | 48 |
Canopy Mortgage, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Georgia | 97% | $345K | 2,560 | 2,478 |
| Alabama | 99% | $295K | 1,525 | 1,490 |
| Washington | 98% | $405K | 1,489 | 1,440 |
| Texas | 94% | $305K | 1,204 | 1,119 |
| Utah | 96% | $425K | 1,107 | 1,049 |
| Florida | 95% | $325K | 834 | 783 |
| Oregon | 96% | $455K | 583 | 553 |
| Tennessee | 97% | $375K | 567 | 544 |
| Idaho | 98% | $295K | 520 | 509 |
| Nevada | 97% | $385K | 507 | 487 |
| California | 95% | $425K | 503 | 471 |
| Arizona | 96% | $395K | 448 | 424 |
| North Carolina | 97% | $235K | 421 | 404 |
| South Carolina | 97% | $325K | 199 | 193 |
| Colorado | 95% | $475K | 187 | 174 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Canopy Mortgage, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Spokane County, WA | Mortgage lenders | 100% | 553 | 543 |
| Madison County, AL | Mortgage lenders | 99% | 504 | 495 |
| Muscogee County, GA | Mortgage lenders | 100% | 443 | 437 |
| Bonneville County, ID | Mortgage lenders | 98% | 396 | 388 |
| Lee County, AL | Mortgage lenders | 99% | 356 | 354 |
| Utah County, UT | Mortgage lenders | 98% | 322 | 314 |
| Fulton County, GA | Mortgage lenders | 97% | 256 | 246 |
| Pierce County, WA | Mortgage lenders | 99% | 251 | 245 |
| Salt Lake County, UT | Mortgage lenders | 98% | 248 | 241 |
| Jefferson County, AL | Mortgage lenders | 98% | 225 | 216 |
| Carroll County, GA | Mortgage lenders | 100% | 200 | 199 |
| DeKalb County, GA | Mortgage lenders | 96% | 196 | 187 |
The county markets where Canopy Mortgage, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Canopy Mortgage, LLC
What is Canopy Mortgage, LLC's mortgage approval rate?
Canopy Mortgage, LLC approved 96.5% of the 14,046 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.5 points above the 86.0% national rate for the same mix of loan types.
How often do borrowers take the loan Canopy Mortgage, LLC offers?
Borrowers accepted 99% of the loans Canopy Mortgage, LLC approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Canopy Mortgage, LLC make?
The typical home purchase mortgage loan Canopy Mortgage, LLC made was $335K; across all loan types its typical loan ran from $205K to $405K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Canopy Mortgage, LLC lend?
Canopy Mortgage, LLC decided applications in 48 of the states Fat Boy Data covers, most of them in Georgia, Alabama and Washington.
Can I apply to Canopy Mortgage, LLC directly?
Yes. Canopy Mortgage, LLC reports as a direct lender that takes applications from borrowers. Its website is canopymortgage.com.
Does this page show Canopy Mortgage, LLC's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Canopy Mortgage, LLC treats applications, then get a rate quote from the lender.