Canopy Mortgage · Idaho · 2025

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

Canopy Mortgage took 575 mortgage applications in Idaho in 2025, ranking #35 of 595 lenders active in the state. It originated 73.6% of them and denied 2.1% (2.8% of the applications it decided), against a statewide denial rate of 14.5%.

575Applicationsin ID
2.8%Decision denial ratestate 17.5%
6.38%Median ratestate 6.63%
$315,000Median loanstate $265,000
$130MVolume32 counties

Canopy Mortgage in Idaho vs the state

2.1%Denial rate-12.36 pts vs state
2.8%Decision denial rate-14.76 pts vs state
73.6%Origination rate+10.55 pts vs state
6.38%Median rate-0.25 pts vs state
0.25Rate spread (pts)+0.09 pts vs state
$98kMedian applicant income
423Loans originated
12Denied

Trend in Idaho

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234032890.5%6.50%#48
20244743192.1%6.50%#38
20255754232.1%6.38%#35

What Canopy Mortgage lends in Idaho

By loan purpose

Home purchase 459 80% · 2.0% denied
Refinance 68 12% · 0.0% denied
Cash-out refinance 48 8% · 6.3% denied

By loan type

Conventional 397 69% · 1.8% denied
FHA 133 23% · 3.0% denied
VA 37 6% · 2.7% denied
USDA / RHS 8 1% · 0.0% denied

Why it denied Idaho applicants

Debt-to-income ratio 6 50%
Credit history 3 25%
Collateral 1 8%
Other 1 8%
Unverifiable information 1 8%

Where in Idaho

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bonneville County 2101554 1.9%
Jefferson County 65502 3.1%
Bingham County 62510 0.0%
Madison County 58463 5.2%
Kootenai County 36261 2.8%
Bannock County 25210 0.0%
Idaho County 17101 5.9%
Fremont County 1660 0.0%
Ada County 14100 0.0%
Butte County 630 0.0%

Other large lenders in Idaho

LenderGradeApplicationsDenial rateMedian rate
Idaho Central Credit UnionA 15,64416.5%7.00%
Rocket MortgageC 4,39113.3%6.63%
United Shore Financial ServicesB 3,9439.1%6.12%
Premier Mortgage ResourcesB 2,5042.7%6.25%
Mountain America Federal Credit UnionD 2,32337.7%7.24%
Guild MortgageA 2,3203.4%6.50%
U.S. BankD 2,16128.6%7.35%
Loandepot.ComD 1,62214.2%6.50%
Glacier BankD 1,50714.5%6.88%
Pennymac Loan ServicesC 1,29710.8%6.50%

Frequently asked questions

Idaho: 575 applications in 2025, of which 423 were originated and 12 denied.

2.1% of all applications, or 2.8% of the applications it actually decided on. The Idaho statewide average across all lenders was 14.5%.

The median rate on loans Canopy Mortgage originated in Idaho in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Canopy Mortgage's own HMDA filing for properties located in Idaho, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology