Canopy Mortgage · Nevada · 2025

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

Canopy Mortgage took 441 mortgage applications in Nevada in 2025, ranking #62 of 627 lenders active in the state. It originated 66.4% of them and denied 1.8% (2.6% of the applications it decided), against a statewide denial rate of 17.5%.

441Applicationsin NV
2.6%Decision denial ratestate 22.2%
6.63%Median ratestate 6.63%
$385,000Median loanstate $305,000
$122MVolume12 counties

Canopy Mortgage in Nevada vs the state

1.8%Denial rate-15.64 pts vs state
2.6%Decision denial rate-19.58 pts vs state
66.4%Origination rate+8.73 pts vs state
6.63%Median rate0.00 pts vs state
0.35Rate spread (pts)+0.06 pts vs state
$108kMedian applicant income
293Loans originated
8Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
202357371.8%6.50%#178
20243342312.1%6.63%#63
20254412931.8%6.63%#62

What Canopy Mortgage lends in Nevada

By loan purpose

Home purchase 317 72% · 2.2% denied
Refinance 64 15% · 0.0% denied
Cash-out refinance 60 14% · 1.7% denied

By loan type

Conventional 248 56% · 2.4% denied
FHA 154 35% · 1.3% denied
VA 39 9% · 0.0% denied

Why it denied Nevada applicants

Unverifiable information 2 25%
Employment history 2 25%
Credit history 2 25%
Other 2 25%

Where in Nevada

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 2821758 2.8%
Washoe County 112900 0.0%
Nye County 19100 0.0%
Lyon County 1070 0.0%
Mineral County 300 0.0%
Carson City 330 0.0%
Storey County 220 0.0%
Douglas County 220 0.0%
Churchill County 220 0.0%
Elko County 210 0.0%

Other large lenders in Nevada

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 6,91311.4%6.31%
Rocket MortgageC 6,88915.4%6.88%
Guild MortgageA 5,5332.6%6.50%
AMERICA FIRST Federal Credit UnionC 3,87328.6%7.24%
U.S. BankD 3,74540.2%7.65%
Bank of AmericaF 3,29635.9%6.24%
Pennymac Loan ServicesC 3,18812.5%6.62%
Navy Federal Credit UnionD 2,57924.5%7.75%
Broker SolutionsD 2,5598.9%6.75%
Dhi Mortgage CompanyB 2,5496.8%4.99%

Frequently asked questions

Nevada: 441 applications in 2025, of which 293 were originated and 8 denied.

1.8% of all applications, or 2.6% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

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