Finance of America Mortgage LLC mortgage approval rate & lending review
Finance of America Mortgage LLC decided 445 mortgage applications and funded 377 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Finance of America Mortgage LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to financeofamerica.com.
Finance of America Mortgage LLC at a glance
Approval is 8.7 points above the 79.6% national rate for the same mix of loan types.
Approval rates 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 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Finance of America Mortgage LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Cook County, IL | Investment cash-out refinance | 94% | 32 | 30 |
The county markets where Finance of America Mortgage LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Finance of America Mortgage LLC
What is Finance of America Mortgage LLC's mortgage approval rate?
Finance of America Mortgage LLC approved 88.3% of the 445 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.7 points above the 79.6% national rate for the same mix of loan types.
How often do borrowers take the loan Finance of America Mortgage LLC offers?
Borrowers accepted 96% of the loans Finance of America Mortgage LLC approved, against 92% for all investment cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Finance of America Mortgage LLC make?
The typical investment cash-out refinance loan Finance of America Mortgage LLC made was $145K; across all loan types its typical loan ran from $145K to $465K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Finance of America Mortgage LLC lend?
Finance of America Mortgage LLC decided applications in 39 of the states Fat Boy Data covers, most of them in Illinois, Pennsylvania and Texas.
Can I apply to Finance of America Mortgage LLC directly?
Yes. Finance of America Mortgage LLC reports as a direct lender that takes applications from borrowers. Its website is financeofamerica.com.
Does this page show Finance of America Mortgage LLC's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Finance of America Mortgage LLC treats applications, then get a rate quote from the lender.