Canopy Mortgage in California vs the state
3.7%Denial rate-13.76 pts vs state
5.8%Decision denial rate-16.60 pts vs state
58.4%Origination rate+2.15 pts vs state
6.63%Median rate0.00 pts vs state
0.25Rate spread (pts)-0.02 pts vs state
$148kMedian applicant income
255Loans originated
16Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 208 | 121 | 3.4% | 6.99% | #338 |
| 2024 | 243 | 120 | 1.7% | 6.88% | #319 |
| 2025 | 437 | 255 | 3.7% | 6.63% | #278 |
What Canopy Mortgage lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Canopy Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sacramento County | 164 | 118 | 0 | 0.0% |
| Placer County | 38 | 25 | 2 | 5.3% |
| San Bernardino County | 31 | 15 | 3 | 9.7% |
| Riverside County | 28 | 16 | 1 | 3.6% |
| Los Angeles County | 27 | 13 | 2 | 7.4% |
| San Diego County | 21 | 5 | 1 | 4.8% |
| San Joaquin County | 14 | 9 | 0 | 0.0% |
| Orange County | 13 | 6 | 2 | 15.4% |
| El Dorado County | 12 | 8 | 0 | 0.0% |
| Ventura County | 9 | 6 | 0 | 0.0% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 437 applications in 2025, of which 255 were originated and 16 denied.
3.7% of all applications, or 5.8% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Canopy Mortgage originated in California in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Canopy Mortgage's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology