Canopy Mortgage · Louisiana · 2025

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

Canopy Mortgage took 267 mortgage applications in Louisiana in 2025, ranking #94 of 721 lenders active in the state. It originated 56.6% of them and denied 1.9% (3.2% of the applications it decided), against a statewide denial rate of 22.2%.

267Applicationsin LA
3.2%Decision denial ratestate 28.2%
6.63%Median ratestate 6.63%
$195,000Median loanstate $165,000
$36MVolume36 counties

Canopy Mortgage in Louisiana vs the state

1.9%Denial rate-20.30 pts vs state
3.2%Decision denial rate-24.94 pts vs state
56.6%Origination rate+4.58 pts vs state
6.63%Median rate0.00 pts vs state
0.63Rate spread (pts)+0.27 pts vs state
$85kMedian applicant income
151Loans originated
5Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024156752.6%6.75%#123
20252671511.9%6.63%#94

What Canopy Mortgage lends in Louisiana

By loan purpose

Home purchase 184 69% · 1.6% denied
Refinance 48 18% · 2.1% denied
Cash-out refinance 35 13% · 2.9% denied

By loan type

Conventional 110 41% · 1.8% denied
FHA 103 39% · 2.9% denied
VA 17 6% · 0.0% denied
USDA / RHS 37 14% · 0.0% denied

Why it denied Louisiana applicants

Debt-to-income ratio 3 60%
Other 2 40%

Where in Louisiana

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ascension Parish 66493 4.5%
East Baton Rouge Parish 51220 0.0%
Livingston Parish 46290 0.0%
Jefferson Parish 851 12.5%
St. John the Baptist Parish 830 0.0%
St. Tammany Parish 730 0.0%
Iberville Parish 650 0.0%
Lafayette Parish 620 0.0%
Calcasieu Parish 520 0.0%
West Baton Rouge Parish 430 0.0%

Other large lenders in Louisiana

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 7,05749.0%10.10%
United Shore Financial ServicesB 6,26413.1%6.38%
Rocket MortgageC 5,77025.9%6.63%
Vanderbilt Mortgage and FinanceF 4,37045.6%10.50%
Triad Financial ServicesD 3,86749.7%8.73%
Hancock Whitney BankB 3,53621.7%6.00%
Regions BankC 3,35645.8%6.00%
GMFSA 3,0722.0%6.50%
NewrezD 2,66421.1%6.50%
Dsld MortgageA 2,5456.3%6.13%

Frequently asked questions

Louisiana: 267 applications in 2025, of which 151 were originated and 5 denied.

1.9% of all applications, or 3.2% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

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