# CANVAS CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/canvas-credit-union


> **📋 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


CANVAS CREDIT UNION is a credit union, headquartered in Lone Tree, CO, serving borrowers across 2 states, with 531 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 56% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 38% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300E3QJQLKVB40W93
- **Headquarters:** Lone Tree, CO
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** CO, NM
- **Markets (MSAs):** 7
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 44/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 62/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.205%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,343
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 531
- **Dollar Volume:** $265 million
- **Applications Received:** 711
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $499,237
- **Average Borrower Income:** $183,047
- **Average Property Value:** $676,017

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 59/100 | 487 | +0.210% | $1,357 | Sound ☺️ |
| Jumbo | 73/100 | 44 | +0.150% | $1,185 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 411 loans, Score: 58/100 (Sound)
- Refinance: 76 loans, Score: 59/100 (Sound)

**Jumbo:**
- Purchase: 39 loans, Score: 74/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 58/100 | 450 | $234M | +0.193% | Sound ☺️ |
| Refinance | 59/100 | 81 | $31M | +0.265% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CO | 529 | 0.63% | 84/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Denver | CO | 405 | 85/100 |
| Fort Collins | CO | 45 | 68/100 |
| Boulder, CO | CO | 18 | 51/100 |
| Greeley, CO | CO | 17 | 52/100 |
| Colorado Springs, CO | CO | 14 | 46/100 |
| Grand Junction, CO | CO | 14 | 49/100 |
| Non |  | 14 | 24/100 |

## Where This Lender Ranks

CANVAS CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Grand Junction, CO for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/grand-junction-co/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Denver Credit Unions
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Fort Collins Credit Unions
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Colorado Credit Unions
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Colorado for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Colorado for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#4** in Denver for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Denver for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#4** in Fort Collins for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Boulder, CO for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/boulder-co/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Greeley, CO for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#10** in Denver
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders)
- 🏆 **#14** in Fort Collins
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders)
- 🏆 **#15** in Colorado
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does CANVAS CREDIT UNION offer?

CANVAS CREDIT UNION offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does CANVAS CREDIT UNION offer mortgages?

CANVAS CREDIT UNION offers mortgages in 2 states: CO, NM.

### How competitive are CANVAS CREDIT UNION's mortgage rates?

CANVAS CREDIT UNION has a pricing score of 44/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.205% above market average.

### What type of lender is CANVAS CREDIT UNION?

CANVAS CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Lone Tree, CO.

### What is CANVAS CREDIT UNION's loan approval success rate?

CANVAS CREDIT UNION has a pull-through score of 62/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## 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/canvas-credit-union

### How to Cite

> "CANVAS CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/canvas-credit-union

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