Canopy Mortgage · Georgia · 2025

Canopy Mortgage in Georgia: approval rate, denial rate and rates (2025)

Canopy Mortgage took 2,253 mortgage applications in Georgia in 2025, ranking #48 of 1,201 lenders active in the state. It originated 65.0% of them and denied 1.7% (2.6% of the applications it decided), against a statewide denial rate of 19.2%.

2.3kApplicationsin GA
2.6%Decision denial ratestate 25.1%
6.25%Median ratestate 6.63%
$325,000Median loanstate $235,000
$487MVolume101 counties

Canopy Mortgage in Georgia vs the state

1.7%Denial rate-17.49 pts vs state
2.6%Decision denial rate-22.51 pts vs state
65.0%Origination rate+10.93 pts vs state
6.25%Median rate-0.38 pts vs state
0.16Rate spread (pts)-0.11 pts vs state
$100kMedian applicant income
1,465Loans originated
39Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238795972.7%6.75%#88
20241,9521,3651.8%6.25%#49
20252,2531,4651.7%6.25%#48

What Canopy Mortgage lends in Georgia

By loan purpose

Home purchase 2,040 91% · 1.7% denied
Refinance 127 6% · 1.6% denied
Cash-out refinance 85 4% · 3.5% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 967 43% · 1.0% denied
FHA 857 38% · 2.9% denied
VA 381 17% · 1.1% denied
USDA / RHS 48 2% · 0.0% denied

Why it denied Georgia applicants

Debt-to-income ratio 15 38%
Unverifiable information 11 28%
Other 7 18%
Credit history 4 10%
Collateral 1 3%
Employment history 1 3%

Where in Georgia

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Muscogee County 2651913 1.1%
Fulton County 1871141 0.5%
DeKalb County 146956 4.1%
Carroll County 1441040 0.0%
Cobb County 127774 3.1%
Paulding County 88560 0.0%
Houston County 81562 2.5%
Gwinnett County 81470 0.0%
Harris County 81600 0.0%
Henry County 62321 1.6%

Other large lenders in Georgia

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 29,84518.2%6.63%
United Shore Financial ServicesB 23,78412.6%6.25%
Navy Federal Credit UnionD 12,38826.4%7.95%
Truist BankC 10,56338.7%6.49%
Pennymac Loan ServicesC 10,27311.6%6.49%
Broker SolutionsD 9,7098.6%6.63%
Mortgage Research CenterC 9,44319.8%6.25%
Freedom MortgageB 9,2939.1%6.25%
Bank of AmericaF 9,16836.5%6.24%
Ameris BankB 8,06510.1%6.50%

Frequently asked questions

Georgia: 2,253 applications in 2025, of which 1,465 were originated and 39 denied.

1.7% of all applications, or 2.6% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

The median rate on loans Canopy Mortgage originated in Georgia 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 Georgia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology