Finance of America Reverse LLC mortgage approval rate & lending review
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.
These are the decisions Finance of America Reverse 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 Reverse LLC at a glance
Approval is 10.6 points above the 76.2% 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 | 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 |
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 Reverse LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Los Angeles County, CA | Refinance | 89% | 1,161 | 1,010 |
| Orange County, CA | Refinance | 91% | 613 | 543 |
| San Diego County, CA | Refinance | 89% | 511 | 447 |
| Maricopa County, AZ | Refinance | 90% | 438 | 392 |
| Riverside County, CA | Refinance | 82% | 349 | 279 |
| Santa Clara County, CA | Refinance | 91% | 302 | 265 |
| San Bernardino County, CA | Refinance | 88% | 225 | 197 |
| Suffolk County, NY | Refinance | 92% | 200 | 182 |
| King County, WA | Refinance | 88% | 188 | 163 |
| Alameda County, CA | Refinance | 91% | 183 | 162 |
| Contra Costa County, CA | Refinance | 90% | 167 | 151 |
| Ventura County, CA | Refinance | 90% | 156 | 137 |
The county markets where Finance of America Reverse LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Finance of America Reverse LLC
What is Finance of America Reverse LLC's mortgage approval rate?
Finance of America Reverse LLC approved 86.8% of the 17,035 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.6 points above the 76.2% national rate for the same mix of loan types.
How often do borrowers take the loan Finance of America Reverse LLC offers?
Borrowers accepted 98% of the loans Finance of America Reverse LLC approved, against 93% for all mortgage refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Finance of America Reverse LLC make?
The typical mortgage refinance loan Finance of America Reverse LLC made was $235K; across all loan types its typical loan ran from $185K to $255K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Finance of America Reverse LLC lend?
Finance of America Reverse LLC decided applications in 51 of the states Fat Boy Data covers, most of them in California, Florida and Texas.
Can I apply to Finance of America Reverse LLC directly?
Yes. Finance of America Reverse LLC reports as a direct lender that takes applications from borrowers. Its website is financeofamerica.com.
Does this page show Finance of America Reverse 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 Reverse LLC treats applications, then get a rate quote from the lender.