Canopy Mortgage in North Carolina vs the state
4.1%Denial rate-13.93 pts vs state
5.7%Decision denial rate-17.11 pts vs state
68.0%Origination rate+10.23 pts vs state
6.50%Median rate0.00 pts vs state
0.21Rate spread (pts)+0.12 pts vs state
$82kMedian applicant income
313Loans originated
19Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 32 | 22 | 3.1% | 6.75% | #431 |
| 2024 | 207 | 144 | 2.4% | 6.50% | #209 |
| 2025 | 460 | 313 | 4.1% | 6.50% | #145 |
What Canopy Mortgage lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Canopy Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Forsyth County | 82 | 64 | 0 | 0.0% |
| Guilford County | 61 | 41 | 2 | 3.3% |
| Davidson County | 58 | 46 | 1 | 1.7% |
| Randolph County | 34 | 24 | 4 | 11.8% |
| Iredell County | 29 | 23 | 0 | 0.0% |
| Rockingham County | 22 | 11 | 3 | 13.6% |
| Brunswick County | 14 | 9 | 0 | 0.0% |
| Mecklenburg County | 14 | 8 | 0 | 0.0% |
| Gaston County | 13 | 10 | 1 | 7.7% |
| Cumberland County | 10 | 4 | 1 | 10.0% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 460 applications in 2025, of which 313 were originated and 19 denied.
4.1% of all applications, or 5.7% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Canopy Mortgage originated in North Carolina in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Canopy Mortgage's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology