Lender profile · HMDA 2023–2025
Finance of America Mortgage LLC mortgage approval rates & lending data
Finance of America Mortgage LLC decided 445 mortgage applications and funded 377 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 31 / 32 | 94% | $465K | 29 |
| Investment property purchase | 94% | 131 / 140 | 99% | $155K | 130 |
| Investment cash-out refinance | 85% | 153 / 180 | 97% | $145K | 148 |
| Investment refinance | 84% | 76 / 91 | 89% | $145K | 68 |
Finance of America Mortgage LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 94% | $155K | 80 | 75 |
| Pennsylvania | 91% | $125K | 45 | 32 |
| Texas | 76% | $155K | 38 | 29 |
| Maryland | 90% | $135K | 31 | 26 |
| Florida | 88% | $155K | 26 | 22 |
| New Jersey | 92% | $145K | 25 | 21 |
| Michigan | 87% | $85K | 23 | 20 |
| California | 90% | $465K | 21 | 19 |
| Indiana | 94% | $145K | 16 | 15 |
| New York | 67% | $325K | 15 | 10 |
| Ohio | 83% | $75K | 12 | 10 |
| Georgia | 100% | $155K | 11 | 9 |
| North Carolina | 64% | $125K | 11 | 7 |
| Wisconsin | 73% | $75K | 11 | 8 |
| Nevada | 100% | $385K | 8 | 8 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.