Canopy Mortgage · Missouri · 2025

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

Canopy Mortgage took 138 mortgage applications in Missouri in 2025, ranking #227 of 1,023 lenders active in the state. It originated 53.6% of them and denied 2.9% (5.1% of the applications it decided), against a statewide denial rate of 15.1%.

138Applicationsin MO
5.1%Decision denial ratestate 18.7%
6.50%Median ratestate 6.63%
$235,000Median loanstate $175,000
$19MVolume29 counties

Canopy Mortgage in Missouri vs the state

2.9%Denial rate-12.17 pts vs state
5.1%Decision denial rate-13.57 pts vs state
53.6%Origination rate-9.04 pts vs state
6.50%Median rate-0.13 pts vs state
0.45Rate spread (pts)+0.10 pts vs state
$85kMedian applicant income
74Loans originated
4Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023301013.3%7.12%#383
202445236.7%6.38%#348
2025138742.9%6.50%#227

What Canopy Mortgage lends in Missouri

By loan purpose

Home purchase 91 66% · 3.3% denied
Refinance 32 23% · 0.0% denied
Cash-out refinance 15 11% · 6.7% denied

By loan type

Conventional 70 51% · 2.9% denied
FHA 47 34% · 4.3% denied
VA 12 9% · 0.0% denied
USDA / RHS 9 7% · 0.0% denied

Why it denied Missouri applicants

Other 2 50%
Credit history 1 25%
Debt-to-income ratio 1 25%

Where in Missouri

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jackson County 36113 8.3%
Clay County 32161 3.1%
Platte County 730 0.0%
St. Louis County 740 0.0%
St. Louis city 530 0.0%
Taney County 540 0.0%
Greene County 530 0.0%
Buchanan County 440 0.0%
St. Charles County 320 0.0%
Wright County 330 0.0%

Other large lenders in Missouri

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 10,46018.4%6.63%
Flat Branch MortgageA 8,9990.9%6.63%
Guild MortgageA 7,3882.5%6.63%
U.S. BankD 7,19032.8%7.63%
The Central Trust BankC 7,0229.7%6.63%
United Shore Financial ServicesB 6,7108.0%6.55%
Communityamerica Credit UnionB 5,84316.8%6.49%
Mortgage Research CenterC 5,73415.6%6.25%
Broker SolutionsD 5,0077.8%6.88%
Commerce BankD 4,90527.2%6.72%

Frequently asked questions

Missouri: 138 applications in 2025, of which 74 were originated and 4 denied.

2.9% of all applications, or 5.1% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans Canopy Mortgage originated in Missouri in 2025 was 6.50%, against a statewide median of 6.63%.

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