Canopy Mortgage in Florida vs the state
3.2%Denial rate-17.88 pts vs state
5.7%Decision denial rate-21.54 pts vs state
52.7%Origination rate-0.04 pts vs state
6.25%Median rate-0.38 pts vs state
-0.04Rate spread (pts)-0.31 pts vs state
$122kMedian applicant income
149Loans originated
9Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 449 | 272 | 2.0% | 6.88% | #244 |
| 2024 | 679 | 398 | 4.3% | 6.63% | #197 |
| 2025 | 283 | 149 | 3.2% | 6.25% | #317 |
What Canopy Mortgage lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Canopy Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Okaloosa County | 61 | 46 | 1 | 1.6% |
| Walton County | 29 | 16 | 1 | 3.4% |
| Santa Rosa County | 22 | 16 | 0 | 0.0% |
| Escambia County | 20 | 10 | 0 | 0.0% |
| Bay County | 17 | 6 | 0 | 0.0% |
| Polk County | 15 | 8 | 0 | 0.0% |
| Orange County | 13 | 4 | 2 | 15.4% |
| Miami-Dade County | 12 | 5 | 1 | 8.3% |
| Pasco County | 11 | 2 | 0 | 0.0% |
| Hillsborough County | 10 | 7 | 1 | 10.0% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 283 applications in 2025, of which 149 were originated and 9 denied.
3.2% of all applications, or 5.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Canopy Mortgage originated in Florida in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Canopy Mortgage's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology