Canopy Mortgage, Llc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2017

Canopy Mortgage, Llc 2017 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 2,205
Total Mortgage Loan Application Amount $518,656,000
Average Mortgage Loan Application Amount $238,500
Highest Mortgage Loan Application Amount $1,200,000
Average Applicant Income $98,500
Highest Applicant Income $1,980,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2017 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 2017 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 2017.

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Mortgage Loan Application Detail Totals for Canopy Mortgage, Llc in 2017

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 1,369 $306,995,000 $224,000 $788,000 $81,000 $899,000
Home Purchase 836 $211,661,000 $253,000 $1,200,000 $116,000 $1,980,000
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 1,356 $324,728,000 $239,000 $860,000 $97,000 $899,000
Not Provided 590 $133,686,000 $226,000 $800,000 $86,000 $1,200,000
Hispanic 100 $21,841,000 $218,000 $466,000 $89,000 $331,000
Black or African American 72 $14,264,000 $198,000 $553,000 $101,000 $1,980,000
Asian 68 $19,608,000 $288,000 $1,200,000 $108,000 $760,000
American Indian or Alaskan Native 13 $2,921,000 $224,000 $417,000 $70,000 $164,000
Native Hawaiian or Other Pacific Islander 6 $1,608,000 $268,000 $395,000 $118,000 $166,000
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) 1,539 $372,619,000 $242,000 $1,200,000 $110,000 $1,980,000
VA-guaranteed (Veterans Administration) 496 $110,093,000 $221,000 $660,000 $54,000 $277,000
FHA-insured (Federal Housing Administration) 170 $35,944,000 $211,000 $569,000 $67,000 $194,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 1,135 $275,028,000 $242,000 $736,000 $102,000 $899,000
Application Denied By Financial Institution 972 $216,394,000 $222,000 $860,000 $82,000 $1,980,000
Preapproval Denied by Financial Institution 98 $27,234,000 $277,000 $1,200,000 $121,000 $1,200,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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 109 $23,671,000 $217,000 $660,000 $48,000 $173,000
Credit History 68 $12,944,000 $190,000 $619,000 $104,000 $1,980,000
Other 58 $11,158,000 $192,000 $640,000 $87,000 $323,000
Collateral 26 $5,924,000 $227,000 $668,000 $88,000 $212,000
Unverifiable Information 8 $1,157,000 $144,000 $428,000 $83,000 $164,000
Employment History 8 $2,317,000 $289,000 $424,000 $69,000 $114,000
Insufficient Cash (Downpayment, Closing Cost) 5 $1,212,000 $242,000 $295,000 $74,000 $130,000
Credit Application Incomplete 1 $210,000 $210,000 $210,000 $1,000 $1,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Canopy Mortgage, Llc's 2017 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.

Download the Utah Lender List