Canopy Mortgage, LLC Mortgage Lending & HMDA Data, 2015

In 2015, Canopy Mortgage, LLC of Lindon, UT reported 248 mortgage applications totaling $55.8 million. The average application was for $224,822, and applicants reported an average income of $106,318. 63% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Provo-Orem, UT (43), Salt Lake City, UT (42) and Ogden-Clearfield, UT (41) (applications in parentheses).

Mortgage Company & Address Canopy Mortgage, LLC
360 Technology Court Ste. 200
Lindon, UT 84003
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 248
Total Mortgage Loan Application Amount $55,756,000
Average Mortgage Loan Application Amount $224,822
Highest Mortgage Loan Application Amount $626,000
Average Applicant Income $106,318
Highest Applicant Income $900,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Canopy Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Canopy Mortgage, LLC by County in 2015

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Utah, Utah 43 $ 10,290,000 $ 239,302 $ 98,000
Salt Lake, Utah 41 $ 9,844,000 $ 240,097 $ 107,000
Davis, Utah 28 $ 7,254,000 $ 259,071 $ 105,000
Weber, Utah 10 $ 1,723,000 $ 172,300 $ 95,000
Washington, Utah 7 $ 1,443,000 $ 206,142 $ 71,000
Harris, Texas 6 $ 747,000 $ 124,500 $ 95,000
Dallas, Texas 5 $ 902,000 $ 180,400 $ 105,000
Travis, Texas 5 $ 1,146,000 $ 229,200 $ 82,000
Cache, Utah 5 $ 1,083,000 $ 216,600 $ 79,000
Los Angeles, California 4 $ 1,210,000 $ 302,500 $ 90,000
Douglas, Colorado 4 $ 1,371,000 $ 342,750 $ 163,000
Bexar, Texas 4 $ 794,000 $ 198,500 $ 86,000
San Diego, California 3 $ 694,000 $ 231,333 $ 102,000
Jefferson, Colorado 3 $ 611,000 $ 203,666 $ 71,000
Larimer, Colorado 3 $ 419,000 $ 139,666 $ 48,000
Denton, Texas 3 $ 917,000 $ 305,666 $ 176,000
Williamson, Texas 3 $ 650,000 $ 216,666 $ 134,000
Maricopa, Arizona 2 $ 415,000 $ 207,500 $ 81,000
Placer, California 2 $ 699,000 $ 349,500 $ 152,000
Denver, Colorado 2 $ 510,000 $ 255,000 $ 135,000
Palm Beach, Florida 2 $ 256,000 $ 128,000 $ 32,000
Pinellas, Florida 2 $ 221,000 $ 110,500 $ 41,000
Collin, Texas 2 $ 157,000 $ 78,500 $ 140,000
Fort Bend, Texas 2 $ 495,000 $ 247,500 $ 129,000
Tarrant, Texas 2 $ 300,000 $ 150,000 $ 77,000
Morgan, Utah 2 $ 486,000 $ 243,000 $ 106,000
King, Washington 2 $ 592,000 $ 296,000 $ 124,000
Snohomish, Washington 2 $ 812,000 $ 406,000 $ 309,000
Alameda, California 1 $ 389,000 $ 389,000 $ 185,000
Madera, California 1 $ 260,000 $ 260,000 $ 88,000
Orange, California 1 $ 383,000 $ 383,000 $ 173,000
Riverside, California 1 $ 195,000 $ 195,000 $ 140,000
Sacramento, California 1 $ 371,000 $ 371,000 $ 209,000
San Mateo, California 1 $ 626,000 $ 626,000 $ 190,000
Santa Barbara, California 1 $ 100,000 $ 100,000 $ 25,000
Santa Clara, California 1 $ 596,000 $ 596,000 $ 164,000
Stanislaus, California 1 $ 252,000 $ 252,000 $ 115,000
Adams, Colorado 1 $ 250,000 $ 250,000 $ 124,000
Boulder, Colorado 1 $ 210,000 $ 210,000 $ 143,000
El Paso, Colorado 1 $ 202,000 $ 202,000 $ 29,000
Huerfano, Colorado 1 $ 283,000 $ 283,000 $ 192,000
Pueblo, Colorado 1 $ 158,000 $ 158,000 $ 180,000
Weld, Colorado 1 $ 229,000 $ 229,000 $ 64,000
Yuma, Colorado 1 $ 250,000 $ 250,000 $ 151,000
Brevard, Florida 1 $ 57,000 $ 57,000 $ 240,000
Highlands, Florida 1 $ 35,000 $ 35,000 $ 33,000
Volusia, Florida 1 $ 400,000 $ 400,000 $ 82,000
Chatham, Georgia 1 $ 54,000 $ 54,000 $ 36,000
St. Clair, Illinois 1 $ 35,000 $ 35,000 $ 101,000
Sedgwick, Kansas 1 $ 71,000 $ 71,000 $ 152,000
Macomb, Michigan 1 $ 35,000 $ 35,000 $ 94,000
Oakland, Michigan 1 $ 15,000 $ 15,000 $ 40,000
Van Buren, Michigan 1 $ 218,000 $ 218,000 $ 120,000
Wayne, Michigan 1 $ 35,000 $ 35,000 $ 93,000
Clark, Nevada 1 $ 35,000 $ 35,000 $ 20,000
Bernalillo, New Mexico 1 $ 178,000 $ 178,000 $ 113,000
Clackamas, Oregon 1 $ 280,000 $ 280,000 $ 69,000
Multnomah, Oregon 1 $ 210,000 $ 210,000 $ 77,000
Umatilla, Oregon 1 $ 197,000 $ 197,000 $ 57,000
Washington, Oregon 1 $ 188,000 $ 188,000 $ 139,000
Bell, Texas 1 $ 60,000 $ 60,000 $ 47,000
Galveston, Texas 1 $ 111,000 $ 111,000 $ 162,000
Hunt, Texas 1 $ 75,000 $ 75,000 $ 900,000
Box Elder, Utah 1 $ 130,000 $ 130,000 $ 54,000
Iron, Utah 1 $ 246,000 $ 246,000 $ 86,000
Millard, Utah 1 $ 214,000 $ 214,000 $ 74,000
Summit, Utah 1 $ 350,000 $ 350,000 $ 194,000
Tooele, Utah 1 $ 263,000 $ 263,000 $ 98,000
Wasatch, Utah 1 $ 226,000 $ 226,000 $ 140,000
Clark, Washington 1 $ 380,000 $ 380,000 $ 145,000
Grays Harbor, Washington 1 $ 164,000 $ 164,000 $ 81,000
Pierce, Washington 1 $ 134,000 $ 134,000 $ 30,000
Spokane, Washington 1 $ 145,000 $ 145,000 $ 22,000
Outagamie, Wisconsin 1 $ 94,000 $ 94,000 $ 45,000

Mortgage Loan Application Detail Totals for Canopy Mortgage, LLC in 2015

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 169 $36,894,000 $218,000 $626,000 $106,000 $900,000
Home Purchase 79 $18,862,000 $238,000 $450,000 $107,000 $358,000
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 167 $38,362,000 $229,000 $596,000 $108,000 $900,000
Not Provided 58 $12,774,000 $220,000 $450,000 $104,000 $358,000
Hispanic 11 $2,810,000 $255,000 $626,000 $103,000 $190,000
Asian 7 $1,610,000 $230,000 $389,000 $108,000 $192,000
Black or African American 5 $200,000 $40,000 $60,000 $71,000 $101,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 248 $55,756,000 $224,000 $626,000 $106,000 $900,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 157 $37,401,000 $238,000 $596,000 $107,000 $313,000
Application Withdrawn By Applicant 48 $11,593,000 $241,000 $626,000 $119,000 $358,000
Application Denied By Financial Institution 38 $6,012,000 $158,000 $417,000 $85,000 $900,000
Application Approved But Not Accepted 2 $424,000 $212,000 $224,000 $209,000 $297,000
Preapproval Approved but not Accepted 2 $247,000 $123,000 $165,000 $67,000 $84,000
Preapproval Denied by Financial Institution 1 $79,000 $79,000 $79,000 $35,000 $35,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Debt-To-Income Ratio 20 $3,722,000 $186,000 $417,000 $51,000 $139,000
Other 12 $1,290,000 $107,000 $319,000 $76,000 $192,000
Credit History 4 $256,000 $64,000 $75,000 $278,000 $900,000
Employment History 2 $498,000 $249,000 $268,000 $75,000 $85,000
Collateral 1 $325,000 $325,000 $325,000 $64,000 $64,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Canopy Mortgage, LLC's 2015 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Canopy Mortgage, LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Utah, download the full spreadsheet with aggregated HMDA statistics today.

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