Canopy Mortgage, Llc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Canopy Mortgage, Llc 2023 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address Canopy Mortgage, Llc
380 Technology Ct, Suite 200
Lehi, UT 84042
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 4,729
Total Mortgage Loan Application Amount $1,677,985,000
Average Mortgage Loan Application Amount $354,666
Highest Mortgage Loan Application Amount $2,365,000
Average Applicant Income $159,333
Highest Applicant Income $8,683,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Canopy Mortgage, Llc. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Canopy Mortgage, Llc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2023 breaks down Canopy Mortgage, Llc's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Canopy Mortgage, Llc serves its applicants.

Each category highlights the total number of mortgage applications processed by Canopy Mortgage, Llc, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Canopy Mortgage, Llc's mortgage activity for 2023.

Mortgage Loan Application Totals for Canopy Mortgage, Llc by Metropolitan Area in 2023

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NA (OUTSIDE OF MSA/MD) 726 $ 232,290,000 $ 279,266 $ 122,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 519 $ 180,615,000 $ 348,000 $ 126,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 299 $ 127,885,000 $ 421,500 $ 152,500
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 291 $ 137,795,000 $ 473,000 $ 180,000
ORLANDO-KISSIMMEE-SANFORD, FL 241 $ 75,565,000 $ 313,000 $ 133,000
IDAHO FALLS, ID 224 $ 58,010,000 $ 258,000 $ 107,000
COLUMBUS, GA-AL 180 $ 44,510,000 $ 231,500 $ 93,500
PROVO-OREM, UT 160 $ 67,820,000 $ 423,000 $ 136,000
AUSTIN-ROUND ROCK, TX 128 $ 52,550,000 $ 410,000 $ 167,000
SALT LAKE CITY, UT 120 $ 51,100,000 $ 425,000 $ 145,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 108 $ 46,260,000 $ 428,000 $ 170,000
PHOENIX-MESA-SCOTTSDALE, AZ 97 $ 38,515,000 $ 397,000 $ 137,000
SAN ANTONIO-NEW BRAUNFELS, TX 76 $ 22,740,000 $ 299,000 $ 120,000
SPOKANE-SPOKANE VALLEY, WA 74 $ 20,400,000 $ 275,000 $ 110,000
OGDEN-CLEARFIELD, UT 71 $ 30,175,000 $ 425,000 $ 138,000
BEND-REDMOND, OR 58 $ 27,620,000 $ 476,000 $ 179,000
WARNER ROBINS, GA 54 $ 19,050,000 $ 352,000 $ 117,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 52 $ 16,940,000 $ 325,000 $ 142,000
AUBURN-OPELIKA, AL 50 $ 14,360,000 $ 287,000 $ 109,000
LAS VEGAS-HENDERSON-PARADISE, NV 50 $ 20,010,000 $ 400,000 $ 152,000
HUNTSVILLE, AL 46 $ 14,460,000 $ 314,000 $ 131,000
BELLINGHAM, WA 45 $ 19,305,000 $ 429,000 $ 125,000
SALEM, OR 43 $ 15,975,000 $ 371,000 $ 161,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 43 $ 15,785,000 $ 367,000 $ 151,000
BIRMINGHAM-HOOVER, AL 42 $ 12,380,000 $ 294,000 $ 95,000
LAKELAND-WINTER HAVEN, FL 42 $ 10,460,000 $ 249,000 $ 108,000
DALLAS-PLANO-IRVING, TX 31 $ 12,265,000 $ 395,000 $ 144,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 27 $ 11,445,000 $ 423,000 $ 134,000
SAVANNAH, GA 27 $ 6,745,000 $ 249,000 $ 128,000
LONGVIEW, WA 25 $ 8,545,000 $ 341,000 $ 121,000
MACON-BIBB COUNTY, GA 23 $ 6,665,000 $ 289,000 $ 131,000
OCALA, FL 23 $ 5,195,000 $ 225,000 $ 78,000
POCATELLO, ID 21 $ 4,575,000 $ 217,000 $ 90,000
PENSACOLA-FERRY PASS-BRENT, FL 20 $ 6,390,000 $ 319,000 $ 121,000
CLARKSVILLE, TN-KY 18 $ 4,640,000 $ 199,500 $ 95,500
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 18 $ 5,460,000 $ 303,000 $ 188,000
URBAN HONOLULU, HI 18 $ 9,720,000 $ 540,000 $ 159,000
BOISE CITY, ID 16 $ 6,550,000 $ 409,000 $ 302,000
FORT WORTH-ARLINGTON, TX 16 $ 5,370,000 $ 335,000 $ 118,000
DENVER-AURORA-LAKEWOOD, CO 15 $ 4,975,000 $ 331,000 $ 135,000
ST. GEORGE, UT 15 $ 7,535,000 $ 502,000 $ 220,000
EL PASO, TX 14 $ 3,090,000 $ 220,000 $ 158,000
KANSAS CITY, MO-KS 13 $ 3,455,000 $ 192,000 $ 75,000
LOGAN, UT-ID 13 $ 4,025,000 $ 309,000 $ 85,000
ANCHORAGE, AK 12 $ 5,090,000 $ 424,000 $ 141,000
JACKSONVILLE, FL 12 $ 4,350,000 $ 362,000 $ 139,000
NORTH PORT-SARASOTA-BRADENTON, FL 12 $ 4,670,000 $ 389,000 $ 153,000
SEATTLE-BELLEVUE-EVERETT, WA 12 $ 7,210,000 $ 600,000 $ 175,000
ROME, GA 11 $ 2,565,000 $ 233,000 $ 168,000
HINESVILLE, GA 10 $ 2,470,000 $ 247,000 $ 84,000
STOCKTON-LODI, CA 10 $ 3,710,000 $ 371,000 $ 154,000
ALBUQUERQUE, NM 9 $ 2,585,000 $ 287,000 $ 106,000
ALBANY, GA 8 $ 1,050,000 $ 131,000 $ 69,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 8 $ 3,470,000 $ 433,000 $ 171,000
CHATTANOOGA, TN-GA 8 $ 1,800,000 $ 201,500 $ 108,500
ELGIN, IL 8 $ 2,530,000 $ 316,000 $ 154,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 8 $ 2,810,000 $ 351,000 $ 150,000
KILLEEN-TEMPLE, TX 8 $ 2,840,000 $ 355,000 $ 128,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 8 $ 3,490,000 $ 436,000 $ 123,000
CORPUS CHRISTI, TX 7 $ 3,005,000 $ 429,000 $ 235,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 7 $ 1,975,000 $ 282,000 $ 107,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 7 $ 3,205,000 $ 438,333 $ 156,000
GAINESVILLE, GA 6 $ 3,280,000 $ 546,000 $ 230,000
MONTGOMERY, AL 6 $ 1,250,000 $ 208,000 $ 86,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 6 $ 810,000 $ 135,000 $ 132,000
NEW YORK-NEWARK, NY 6 $ 3,780,000 $ 630,000 $ 252,000
RENO, NV 6 $ 2,370,000 $ 395,000 $ 127,000
ST. LOUIS, MO-IL 6 $ 1,650,000 $ 274,500 $ 143,500
TUCSON, AZ 6 $ 1,410,000 $ 235,000 $ 125,000
YUBA CITY, CA 6 $ 2,330,000 $ 388,000 $ 108,000
CAPE CORAL-FORT MYERS, FL 5 $ 2,205,000 $ 441,000 $ 189,000
CHICAGO-NAPERVILLE, IL 5 $ 1,825,000 $ 365,000 $ 162,000
CINCINNATI, OH-KY-IN 5 $ 1,465,000 $ 281,500 $ 142,500
COEUR D'ALENE, ID 5 $ 1,805,000 $ 361,000 $ 136,000
DAPHNE-FAIRHOPE-FOLEY, AL 5 $ 2,105,000 $ 421,000 $ 133,000
EUGENE, OR 5 $ 1,935,000 $ 387,000 $ 155,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 5 $ 2,315,000 $ 463,000 $ 139,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 5 $ 1,805,000 $ 361,000 $ 93,000
MCALLEN-EDINBURG-MISSION, TX 5 $ 1,025,000 $ 205,000 $ 98,000
MEDFORD, OR 5 $ 1,845,000 $ 369,000 $ 105,000
MIDLAND, MI 5 $ 1,035,000 $ 207,000 $ 93,000
MODESTO, CA 5 $ 1,805,000 $ 361,000 $ 119,000
OAKLAND-HAYWARD-BERKELEY, CA 5 $ 3,215,000 $ 643,000 $ 184,000
SAN DIEGO-CARLSBAD, CA 5 $ 4,025,000 $ 805,000 $ 200,000
SPRINGFIELD, MO 5 $ 1,425,000 $ 285,000 $ 90,000
VALDOSTA, GA 5 $ 1,265,000 $ 253,000 $ 99,000
VALLEJO-FAIRFIELD, CA 5 $ 2,945,000 $ 589,000 $ 123,000
YAKIMA, WA 5 $ 1,645,000 $ 329,000 $ 101,000
ASHEVILLE, NC 4 $ 910,000 $ 227,000 $ 83,000
BREMERTON-SILVERDALE, WA 4 $ 1,400,000 $ 350,000 $ 135,000
DAYTON-SPRINGFIELD-KETTERING, OH 4 $ 920,000 $ 230,000 $ 202,000
FLAGSTAFF, AZ 4 $ 1,630,000 $ 407,000 $ 236,000
FORT COLLINS, CO 4 $ 1,550,000 $ 387,000 $ 109,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 4 $ 1,110,000 $ 277,000 $ 88,000
KNOXVILLE, TN 4 $ 1,570,000 $ 392,000 $ 133,000
MIAMI-MIAMI BEACH-KENDALL, FL 4 $ 1,420,000 $ 355,000 $ 255,000
NEWARK, NJ-PA 4 $ 1,800,000 $ 450,000 $ 184,000
PRESCOTT VALLEY-PRESCOTT, AZ 4 $ 1,510,000 $ 377,000 $ 120,000
RALEIGH, NC 4 $ 1,890,000 $ 472,000 $ 166,000
SEBRING, FL 4 $ 670,000 $ 167,000 $ 100,000
ALBANY, OR 3 $ 915,000 $ 305,000 $ 201,000
BAKERSFIELD, CA 3 $ 1,475,000 $ 491,000 $ 177,000
BALTIMORE-COLUMBIA-TOWSON, MD 3 $ 1,145,000 $ 381,000 $ 121,000
BOULDER, CO 3 $ 1,435,000 $ 478,000 $ 107,000
BRIDGEPORT-STAMFORD-NORWALK, CT 3 $ 945,000 $ 315,000 $ 135,000
BRUNSWICK, GA 3 $ 505,000 $ 168,000 $ 82,000
CLEVELAND-ELYRIA, OH 3 $ 365,000 $ 121,000 $ 198,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 3 $ 795,000 $ 265,000 $ 133,000
FAYETTEVILLE, NC 3 $ 485,000 $ 161,000 $ 86,000
FRESNO, CA 3 $ 805,000 $ 268,000 $ 286,000
GREENSBORO-HIGH POINT, NC 3 $ 1,205,000 $ 401,000 $ 147,000
HARRISBURG-CARLISLE, PA 3 $ 565,000 $ 188,000 $ 113,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 3 $ 685,000 $ 228,000 $ 119,000
LAREDO, TX 3 $ 625,000 $ 208,000 $ 100,000
MADISON, WI 3 $ 1,415,000 $ 471,000 $ 140,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 3 $ 1,225,000 $ 408,000 $ 127,000
PHILADELPHIA, PA 3 $ 1,065,000 $ 355,000 $ 152,000
TACOMA-LAKEWOOD, WA 3 $ 1,005,000 $ 335,000 $ 228,000
TULSA, OK 3 $ 745,000 $ 248,000 $ 109,000
TWIN FALLS, ID 3 $ 1,115,000 $ 371,000 $ 151,000
WARREN-TROY-FARMINGTON HILLS, MI 3 $ 1,385,000 $ 461,000 $ 148,000
WASHINGTON-BALTIMORE-ARLINGTON, DC 3 $ 2,435,000 $ 811,000 $ 286,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 3 $ 2,825,000 $ 941,000 $ 376,000
WILMINGTON, NC 3 $ 725,000 $ 241,000 $ 113,000
ANAHEIM-SANTA ANA-IRVINE, CA 2 $ 690,000 $ 345,000 $ 92,000
BAY CITY, MI 2 $ 270,000 $ 135,000 $ 66,000
BEAUMONT-PORT ARTHUR, TX 2 $ 390,000 $ 195,000 $ 86,000
BROWNSVILLE-HARLINGEN, TX 2 $ 740,000 $ 370,000 $ 303,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 2 $ 760,000 $ 380,000 $ 136,000
CHARLESTON-NORTH CHARLESTON, SC 2 $ 750,000 $ 375,000 $ 174,000
CHICO, CA 2 $ 690,000 $ 345,000 $ 150,000
CLEVELAND, TN 2 $ 450,000 $ 225,000 $ 104,000
COLLEGE STATION-BRYAN, TX 2 $ 610,000 $ 305,000 $ 102,000
COLORADO SPRINGS, CO 2 $ 910,000 $ 455,000 $ 131,000
COLUMBUS, OH 2 $ 530,000 $ 265,000 $ 79,000
DURHAM-CHAPEL HILL, NC 2 $ 690,000 $ 345,000 $ 81,000
FORT SMITH, AR-OK 2 $ 410,000 $ 205,000 $ 72,000
GAINESVILLE, FL 2 $ 440,000 $ 220,000 $ 88,000
KENNEWICK-RICHLAND, WA 2 $ 720,000 $ 360,000 $ 150,000
MANHATTAN, KS 2 $ 190,000 $ 95,000 $ 60,000
MEMPHIS, TN-MS-AR 2 $ 840,000 $ 420,000 $ 164,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 2 $ 1,190,000 $ 595,000 $ 208,000
NAPA, CA 2 $ 990,000 $ 495,000 $ 194,000
NEW HAVEN-MILFORD, CT 2 $ 850,000 $ 425,000 $ 195,000
OMAHA-COUNCIL BLUFFS, NE-IA 2 $ 1,150,000 $ 575,000 $ 223,000
PITTSBURGH, PA 2 $ 740,000 $ 370,000 $ 177,000
PUNTA GORDA, FL 2 $ 450,000 $ 225,000 $ 94,000
READING, PA 2 $ 430,000 $ 215,000 $ 84,000
REDDING, CA 2 $ 760,000 $ 380,000 $ 86,000
ROCKFORD, IL 2 $ 200,000 $ 100,000 $ 58,000
TALLAHASSEE, FL 2 $ 500,000 $ 250,000 $ 110,000
TYLER, TX 2 $ 580,000 $ 290,000 $ 272,000
WICHITA, KS 2 $ 620,000 $ 310,000 $ 135,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 1 $ 305,000 $ 305,000 $ 131,000
AMARILLO, TX 1 $ 155,000 $ 155,000 $ 47,000
ANNISTON-OXFORD-JACKSONVILLE, AL 1 $ 95,000 $ 95,000 $ 38,000
ATHENS-CLARKE COUNTY, GA 1 $ 505,000 $ 505,000 $ 360,000
BILLINGS, MT 1 $ 375,000 $ 375,000 $ 90,000
CAMDEN, NJ 1 $ 285,000 $ 285,000 $ 133,000
CANTON-MASSILLON, OH 1 $ 325,000 $ 325,000 $ 204,000
CEDAR RAPIDS, IA 1 $ 155,000 $ 155,000 $ 7,000
COLUMBIA, SC 1 $ 175,000 $ 175,000 $ 0
DOTHAN, AL 1 $ 125,000 $ 125,000 $ 61,000
EVANSVILLE, IN-KY 1 $ 195,000 $ 195,000 $ 102,000
FLORENCE, SC 1 $ 335,000 $ 335,000 $ 141,000
FORT WAYNE, IN 1 $ 405,000 $ 405,000 $ 129,000
GARY, IN 1 $ 145,000 $ 145,000 $ 96,000
GRAND RAPIDS-WYOMING, MI 1 $ 355,000 $ 355,000 $ 106,000
GREAT FALLS, MT 1 $ 265,000 $ 265,000 $ 217,000
GREELEY, CO 1 $ 255,000 $ 255,000 $ 0
GREENVILLE-ANDERSON-MAULDIN, SC 1 $ 335,000 $ 335,000 $ 78,000
HUNTINGTON-ASHLAND, WV-KY-OH 1 $ 85,000 $ 85,000 $ 86,000
JACKSON, TN 1 $ 385,000 $ 385,000 $ 80,000
JACKSONVILLE, NC 1 $ 185,000 $ 185,000 $ 388,000
JOHNSON CITY, TN 1 $ 155,000 $ 155,000 $ 45,000
KAHULUI-WAILUKU-LAHAINA, HI 1 $ 855,000 $ 855,000 $ 142,000
LAFAYETTE-WEST LAFAYETTE, IN 1 $ 245,000 $ 245,000 $ 79,000
LAKE CHARLES, LA 1 $ 235,000 $ 235,000 $ 93,000
LAS CRUCES, NM 1 $ 165,000 $ 165,000 $ 93,000
LAWTON, OK 1 $ 195,000 $ 195,000 $ 101,000
LINCOLN, NE 1 $ 135,000 $ 135,000 $ 266,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 1 $ 285,000 $ 285,000 $ 131,000
LONGVIEW, TX 1 $ 125,000 $ 125,000 $ 361,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 1 $ 205,000 $ 205,000 $ 57,000
LYNCHBURG, VA 1 $ 385,000 $ 385,000 $ 100,000
MERCED, CA 1 $ 385,000 $ 385,000 $ 13,000
MIDLAND, TX 1 $ 295,000 $ 295,000 $ 207,000
MISSOULA, MT 1 $ 175,000 $ 175,000 $ 71,000
MORGANTOWN, WV 1 $ 325,000 $ 325,000 $ 144,000
MORRISTOWN, TN 1 $ 275,000 $ 275,000 $ 115,000
MOUNT VERNON-ANACORTES, WA 1 $ 545,000 $ 545,000 $ 179,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 1 $ 365,000 $ 365,000 $ 120,000
OKLAHOMA CITY, OK 1 $ 215,000 $ 215,000 $ 55,000
OXNARD-THOUSAND OAKS-VENTURA, CA 1 $ 725,000 $ 725,000 $ 149,000
PANAMA CITY, FL 1 $ 215,000 $ 215,000 $ 46,000
PORTLAND-SOUTH PORTLAND, ME 1 $ 375,000 $ 375,000 $ 400,000
RICHMOND, VA 1 $ 275,000 $ 275,000 $ 131,000
SALISBURY, MD-DE 1 $ 135,000 $ 135,000 $ 89,000
SAN RAFAEL, CA 1 $ 645,000 $ 645,000 $ 234,000
SANTA FE, NM 1 $ 695,000 $ 695,000 $ 314,000
SANTA ROSA, CA 1 $ 175,000 $ 175,000 $ 150,000
SIERRA VISTA-DOUGLAS, AZ 1 $ 75,000 $ 75,000 $ 43,000
TOLEDO, OH 1 $ 125,000 $ 125,000 $ 36,000
TUSCALOOSA, AL 1 $ 235,000 $ 235,000 $ 55,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 1 $ 315,000 $ 315,000 $ 118,000
WAUSAU, WI 1 $ 475,000 $ 475,000 $ 144,000
WENATCHEE, WA 1 $ 285,000 $ 285,000 $ 96,000
WILMINGTON, DE-MD-NJ 1 $ 455,000 $ 455,000 $ 96,000
WINSTON-SALEM, NC 1 $ 345,000 $ 345,000 $ 212,000

Mortgage Loan Application Detail Totals for Canopy Mortgage, Llc in 2023

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
Home Purchase 4,152 $1,478,020,000 $355,000 $2,365,000 $134,000 $2,132,000
Cash-out Refinancing 386 $127,480,000 $330,000 $1,825,000 $132,000 $1,897,000
Refinancing 191 $72,485,000 $379,000 $1,765,000 $212,000 $8,683,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 3,210 $1,141,380,000 $355,000 $2,365,000 $138,000 $2,132,000
Not Provided 756 $264,490,000 $349,000 $1,355,000 $138,000 $8,683,000
Black or African American 488 $160,970,000 $329,000 $1,195,000 $116,000 $698,000
American Indian or Alaskan Native 32 $11,050,000 $345,000 $525,000 $107,000 $225,000
Hispanic 15 $4,185,000 $279,000 $645,000 $93,000 $143,000
Asian 3 $1,455,000 $485,000 $725,000 $134,000 $134,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 3,097 $1,114,695,000 $359,000 $2,365,000 $153,000 $8,683,000
FHA-insured (Federal Housing Administration) 1,200 $405,340,000 $337,000 $1,025,000 $102,000 $442,000
VA-guaranteed (Veterans Administration) 399 $149,055,000 $373,000 $1,005,000 $112,000 $917,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 33 $8,895,000 $269,000 $465,000 $90,000 $179,000

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 2,771 $970,805,000 $350,000 $2,365,000 $134,000 $1,553,000
Application Withdrawn By Applicant 1,598 $577,280,000 $361,000 $1,935,000 $144,000 $8,683,000
Preapproval Approved but not Accepted 212 $78,590,000 $370,000 $1,745,000 $128,000 $2,132,000
Application Denied By Financial Institution 124 $42,640,000 $343,000 $1,765,000 $108,000 $917,000
Application Approved But Not Accepted 24 $8,670,000 $361,000 $635,000 $130,000 $236,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 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
Not applicable 4,605 $1,635,345,000 $355,000 $2,365,000 $137,000 $8,683,000
Debt-To-Income Ratio 49 $17,585,000 $358,000 $1,005,000 $90,000 $307,000
Credit History 26 $6,820,000 $262,000 $605,000 $119,000 $917,000
Other 25 $9,405,000 $376,000 $1,765,000 $131,000 $611,000
Unverifiable Information 9 $3,305,000 $367,000 $715,000 $119,000 $226,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,460,000 $243,000 $395,000 $80,000 $127,000
Collateral 5 $2,505,000 $501,000 $1,605,000 $125,000 $268,000
Employment History 3 $1,215,000 $405,000 $555,000 $109,000 $163,000
Credit Application Incomplete 1 $345,000 $345,000 $345,000 $138,000 $138,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Canopy Mortgage, Llc's 2023 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.
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