Canopy Mortgage · Iowa · 2025

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

Canopy Mortgage took 18 mortgage applications in Iowa in 2025, ranking #304 of 739 lenders active in the state. It originated 66.7% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 12.9%.

18Applicationsin IA
0.0%Decision denial ratestate 15.3%
6.75%Median ratestate 6.50%
$200,000Median loanstate $135,000
$2.8MVolume5 counties

Canopy Mortgage in Iowa vs the state

0.0%Denial rate-12.86 pts vs state
0.0%Decision denial rate-15.31 pts vs state
66.7%Origination rate-1.79 pts vs state
6.75%Median rate+0.25 pts vs state
0.59Rate spread (pts)+0.40 pts vs state
$70kMedian applicant income
12Loans originated
0Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024630.0%6.99%#390
202518120.0%6.75%#304

What Canopy Mortgage lends in Iowa

By loan purpose

Home purchase 18 100% · 0.0% denied

By loan type

Conventional 14 78% · 0.0% denied
FHA 4 22% · 0.0% denied

Where in Iowa

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Linn County 850 0.0%
Dubuque County 750 0.0%
Washington County 110 0.0%
Johnson County 100 0.0%
Cedar County 110 0.0%

Other large lenders in Iowa

LenderGradeApplicationsDenial rateMedian rate
GREENSTATE Credit UnionB 13,8295.9%6.50%
Veridian Credit UnionB 8,7258.9%6.49%
Rocket MortgageC 3,76122.7%6.63%
Hills Bank and TrustA 3,4346.1%6.25%
U.S. BankD 2,72025.7%7.00%
Dupaco CommunityA 2,66916.1%7.00%
Community Choice Credit UnionB 2,65311.8%6.13%
Iowa Bankers MortgageB 2,42315.4%6.50%
Broker SolutionsD 2,3866.4%6.75%
Northwest BankA 2,1815.7%6.38%

Frequently asked questions

Iowa: 18 applications in 2025, of which 12 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Canopy Mortgage originated in Iowa in 2025 was 6.75%, against a statewide median of 6.50%.

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