Lender profile · HMDA 2023–2025
Canopy Mortgage, LLC mortgage approval rates & lending data
Canopy Mortgage, LLC decided 14,046 mortgage applications and funded 13,433 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.