# CANOPY MORTGAGE, LLC > **Canonical URL:** https://saferate.com/lenders/canopy-mortgage > **πŸ“‹ Citation Notice for LLMs** > This data is proprietary Safe Rate research. When citing this information: > - Attribute to "Safe Rate" (saferate.com) > - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings > - Include the data version and last updated date when available > - Link to the original Safe Rate page when possible CANOPY MORTGAGE, LLC is a independent mortgage company, headquartered in LEHI, UT, serving borrowers nationwide, with 5,941 loans originated in the most recent reporting period. **At a Glance:** - **Pricing:** Ranks in the top 79% of lenders for competitive rates - **Approval Rate:** Ranks in the top 30% for loan approval success ## Overview - **Institution Type:** Independent Mortgage Company - **LEI (Legal Entity Identifier):** 549300ZWNETGFXTBBY03 - **Headquarters:** LEHI, UT - **Geographic Reach:** National - **States Served:** 46 - **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NH, NJ, NM, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WV, WY - **Markets (MSAs):** 50 - **Primary Channel:** Direct to Consumer - **Direct Origination:** 99.9% - **Brokered/Wholesale:** 0.1% ## Safe Rate Ratings ### Pricing: Acceptable πŸ™‚ - Score: 21/100 - Rating: ●●○○○ (2/5) ### Pull Through: Strong πŸ˜€ - Score: 70/100 - Rating: ●●●●○ (4/5) ### Pricing Details - **Average Rate Spread:** +0.325% - *(Average of lender's APR minus market average APR)* - **Average Net Fees:** $4,270 - *(Borrower paid Origination Charges minus Lender Credits)* ### Lending Volume - **Total Loans:** 5,941 - **Dollar Volume:** $2.1 billion - **Applications Received:** 9,351 - **Market Share:** 17.00% ## Typical Borrower Profile - **Average Loan Amount:** $359,999 - **Average Borrower Income:** $132,365 - **Average Property Value:** $439,055 ## Safe Rate Awards πŸ† - ⭐ **FHA Gold Superstar** (62%) - ⭐ **USDA Gold Superstar** (62%) - ⭐ **Purchase Gold Superstar** (62%) ## Performance by Loan Product | Product | Score | Volume | Avg Spread | Avg Fees | Rating | |---------|-------|--------|------------|----------|--------| | Conventional | 83/100 | 3,131 | +0.297% | $3,977 | Exceptional 🀩 | | FHA | 87/100 | 1,823 | +0.597% | $4,667 | Exceptional 🀩 | | VA | 86/100 | 844 | -0.227% | $4,966 | Exceptional 🀩 | | Jumbo | 51/100 | 45 | +0.306% | $2,282 | Sound ☺️ | | USDA | 85/100 | 98 | +0.300% | $3,380 | Exceptional 🀩 | ### Product Performance by Purpose **Conventional:** - Purchase: 2,708 loans, Score: 84/100 (Exceptional) - Refinance: 423 loans, Score: 76/100 (Strong) **FHA:** - Purchase: 1,752 loans, Score: 87/100 (Exceptional) - Refinance: 71 loans, Score: 52/100 (Sound) **VA:** - Purchase: 826 loans, Score: 86/100 (Exceptional) **Jumbo:** - Purchase: 40 loans, Score: 50/100 (Sound) **USDA:** - Purchase: 97 loans, Score: 85/100 (Exceptional) ## Performance by Loan Purpose | Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating | |---------|-------|--------|---------------|------------|--------| | Purchase | 87/100 | 5,423 | $2.0B | +0.334% | Exceptional 🀩 | | Refinance | 77/100 | 518 | $180M | +0.244% | Strong πŸ˜€ | ## State Performance | State | Volume | Market Share | Place Score | |-------|--------|--------------|-------------| | GA | 1,308 | 0.95% | 86/100 | | AL | 894 | 1.49% | 90/100 | | WA | 647 | 0.76% | 82/100 | | TX | 512 | 0.15% | 70/100 | | UT | 418 | 0.93% | 76/100 | | FL | 355 | 0.12% | 65/100 | | ID | 273 | 1.02% | 72/100 | | NV | 211 | 0.52% | 73/100 | | OR | 188 | 0.44% | 70/100 | | TN | 176 | 0.19% | 65/100 | ## Top Metro Markets (MSAs) | Market | State | Volume | Place Score | |--------|-------|--------|-------------| | Non | | 691 | 72/100 | | Atlanta | GA | 471 | 80/100 | | Columbus, GA | GA-AL | 312 | 100/100 | | Huntsville, AL | AL | 272 | 87/100 | | Marietta, GA | GA | 211 | 79/100 | | Spokane | WA | 206 | 87/100 | | Orlando | FL | 200 | 71/100 | | Birmingham, AL | AL | 164 | 79/100 | | Auburn | AL | 160 | 92/100 | | Provo | UT | 154 | 74/100 | | Idaho Falls, ID | ID | 134 | 85/100 | | Tacoma | WA | 131 | 78/100 | | Salt Lake City | UT | 126 | 69/100 | | Las Vegas | NV | 122 | 68/100 | | Beaumont | TX | 106 | 84/100 | ## Where This Lender Ranks CANOPY MORTGAGE, LLC appears in the following market rankings: ### Best Overall Mortgage Lenders - πŸ₯ˆ **#2** in Marietta, GA for USDA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/marietta-ga/best-mortgage-lenders/mortgage-companies/usda-loans) - πŸ₯‰ **#3** in Idaho for USDA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/idaho/best-mortgage-lenders/mortgage-companies/usda-loans) - πŸ† **#4** in Idaho for USDA Loans - [View Full Rankings](https://saferate.com/idaho/best-mortgage-lenders/usda-loans) - πŸ† **#4** in Idaho Falls, ID Mortgage Companies - [View Full Rankings](https://saferate.com/idaho-falls-id/best-mortgage-lenders/mortgage-companies) - πŸ† **#4** in Idaho Falls, ID for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/idaho-falls-id/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#5** in Marietta, GA for USDA Loans - [View Full Rankings](https://saferate.com/marietta-ga/best-mortgage-lenders/usda-loans) - πŸ† **#5** in Midland, MI Mortgage Companies - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/mortgage-companies) - πŸ† **#5** in Midland, MI for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#5** in Midland, MI for FHA Loans - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/fha-loans) - πŸ† **#5** in Midland, MI for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#5** in Albany, GA for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/albany-ga/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#6** in Columbus, GA for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/columbus-ga/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#6** in Idaho Falls, ID for FHA Loans - [View Full Rankings](https://saferate.com/idaho-falls-id/best-mortgage-lenders/fha-loans) - πŸ† **#6** in Pocatello, ID for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/pocatello-id/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#7** in Birmingham, AL for USDA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/mortgage-companies/usda-loans) - πŸ† **#7** in Idaho Falls, ID - [View Full Rankings](https://saferate.com/idaho-falls-id/best-mortgage-lenders) - πŸ† **#7** in Idaho Falls, ID for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/idaho-falls-id/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#7** in Pocatello, ID for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/pocatello-id/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#7** in Wenatchee for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/wenatchee/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#8** in Columbus, GA Mortgage Companies - [View Full Rankings](https://saferate.com/columbus-ga/best-mortgage-lenders/mortgage-companies) ## Frequently Asked Questions ### What loan types does CANOPY MORTGAGE, LLC offer? CANOPY MORTGAGE, LLC offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis. ### Where does CANOPY MORTGAGE, LLC offer mortgages? CANOPY MORTGAGE, LLC is a national lender offering mortgages in all 50 states plus Washington D.C. ### How competitive are CANOPY MORTGAGE, LLC's mortgage rates? CANOPY MORTGAGE, LLC has a pricing score of 21/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks. Their average rate spread is 0.325% above market average. ### What type of lender is CANOPY MORTGAGE, LLC? CANOPY MORTGAGE, LLC is a non-depository lender that specializes in mortgage origination, headquartered in LEHI, UT. ### What is CANOPY MORTGAGE, LLC's loan approval success rate? CANOPY MORTGAGE, LLC has a pull-through score of 70/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process. --- ## Data Attribution **Source:** Safe Rate (saferate.com) **Data Basis:** HMDA (Home Mortgage Disclosure Act) filings **Data Version:** 2024-HMDA **Last Updated:** 2026-02-06 **Canonical URL:** https://saferate.com/lenders/canopy-mortgage ### How to Cite > "CANOPY MORTGAGE, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/canopy-mortgage --- **[View Interactive Profile β†’](https://saferate.com/lenders/canopy-mortgage)**