Canopy Mortgage · Ohio · 2025

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

Canopy Mortgage took 127 mortgage applications in Ohio in 2025, ranking #292 of 1,092 lenders active in the state. It originated 52.0% of them and denied 3.9% (7.0% of the applications it decided), against a statewide denial rate of 17.7%.

127Applicationsin OH
7.0%Decision denial ratestate 21.9%
6.81%Median ratestate 6.88%
$265,000Median loanstate $155,000
$18MVolume28 counties

Canopy Mortgage in Ohio vs the state

3.9%Denial rate-13.75 pts vs state
7.0%Decision denial rate-14.85 pts vs state
52.0%Origination rate-7.93 pts vs state
6.81%Median rate-0.06 pts vs state
0.47Rate spread (pts)+0.08 pts vs state
$98kMedian applicant income
66Loans originated
5Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231676.3%6.50%#549
202462354.8%6.63%#373
2025127663.9%6.81%#292

What Canopy Mortgage lends in Ohio

By loan purpose

Home purchase 97 76% · 3.1% denied
Refinance 16 13% · 12.5% denied
Cash-out refinance 14 11% · 0.0% denied

By loan type

Conventional 69 54% · 0.0% denied
FHA 48 38% · 10.4% denied
VA 10 8% · 0.0% denied

Why it denied Ohio applicants

Unverifiable information 2 40%
Credit history 1 20%
Other 1 20%
Debt-to-income ratio 1 20%

Where in Ohio

Counties with the most Canopy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 34142 5.9%
Cuyahoga County 23160 0.0%
Geauga County 860 0.0%
Montgomery County 701 14.3%
Summit County 730 0.0%
Clark County 540 0.0%
Lucas County 330 0.0%
Hamilton County 320 0.0%
Portage County 320 0.0%
Delaware County 320 0.0%

Other large lenders in Ohio

LenderGradeApplicationsDenial rateMedian rate
The Huntington National BankD 42,68325.8%7.59%
Rocket MortgageC 23,16518.5%6.63%
Fifth Third BankD 21,93925.6%7.50%
Crosscountry MortgageB 16,0663.1%6.75%
United Shore Financial ServicesB 14,62613.1%6.45%
Third Federal Savings and Loan Association of ClevelandC 12,62223.0%6.74%
PNC BankD 11,60724.6%7.40%
Wright-Patt Credit UnionC 8,79128.1%7.50%
U.S. BankD 8,62338.0%7.60%
Citizens BankC 7,77524.3%7.65%

Frequently asked questions

Ohio: 127 applications in 2025, of which 66 were originated and 5 denied.

3.9% of all applications, or 7.0% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Canopy Mortgage originated in Ohio in 2025 was 6.81%, against a statewide median of 6.88%.

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