Lender profile · HMDA 2023–2025
Finance of America Reverse LLC mortgage approval rates & lending data
Finance of America Reverse LLC decided 17,035 mortgage applications and funded 14,507 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 | 95% | 715 / 750 | 99% | $205K | 710 |
| Home improvement loans | 90% | 854 / 952 | 98% | $185K | 835 |
| Cash-out refinance | 28% | 22 / 78 | 100% | $255K | 22 |
| Refinance | 86% | 13,187 / 15,255 | 98% | $235K | 12,940 |
Finance of America Reverse LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 88% | $455K | 5,325 | 4,622 |
| Florida | 85% | $175K | 1,946 | 1,619 |
| Texas | 83% | $135K | 1,027 | 833 |
| New York | 89% | $325K | 832 | 722 |
| Arizona | 91% | $215K | 831 | 751 |
| Washington | 91% | $305K | 619 | 555 |
| Colorado | 89% | $235K | 571 | 504 |
| New Jersey | 85% | $235K | 501 | 417 |
| North Carolina | 86% | $165K | 449 | 380 |
| Georgia | 81% | $195K | 374 | 294 |
| Pennsylvania | 80% | $145K | 332 | 261 |
| Utah | 91% | $235K | 308 | 277 |
| Massachusetts | 84% | $315K | 301 | 252 |
| Nevada | 92% | $215K | 283 | 256 |
| South Carolina | 85% | $175K | 275 | 231 |
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.