Lenders › Finance of America Reverse LLC › Colorado
Finance of America Reverse LLC in Colorado
HMDA record for properties in Colorado, calendar year 2024. National record · Colorado overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Colorado, Finance of America Reverse LLC reported 403 applications and 292 originations for 2024, $82m in all.
Its denial rate in the state was 10.1%, below the Colorado rate of 21.6% across all lenders and compared with the lender's national rate of 10.8%.
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Colorado | Colorado, all lenders | Finance of America Reverse LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 10.1% | 21.6% | 10.8% | 24.3% |
| Median rate spread, pp | — | 0.3 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 14.7% | — | 15.6% |
| Average originated loan | $281k | $416k | $295k | $329k |
| Home purchase share | 5.1% | 55.7% | 3.5% | 57.0% |
| FHA-insured share | 80.5% | 12.3% | 80.1% | 13.4% |
| VA-guaranteed share | 0.0% | 9.7% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateColorado, all lenders
Loan purpose and loan type in Colorado
By purpose
Home purchase 5% (15)Home improvement 2% (7)Refinancing 60% (176)Other purpose 32% (94)
By type
Conventional 20% (57)FHA 80% (235)
Denial reasons as coded
Share of 33 denials in Colorado by first denial reason coded (outlined bar: all lenders in the state).
Counties in Colorado
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Denver County | 45 | 35 | $7.8m | 10.3% |
| Jefferson County | 43 | 31 | $9.4m | 11.4% |
| El Paso County | 37 | 28 | $6.0m | 3.4% |
| Arapahoe County | 36 | 27 | $8.6m | 10.0% |
| Adams County | 32 | 22 | $4.1m | — |
| Larimer County | 30 | 21 | $5.9m | 16.0% |
| Douglas County | 29 | 18 | $4.8m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Finance of America Reverse LLC originate in Colorado in 2024?
292 loans totalling $82m, from 403 applications reported for properties in Colorado.
What is Finance of America Reverse LLC's denial rate in Colorado?
10.1% of decided applications in Colorado were denied, against 21.6% for all lenders in the state and 10.8% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Colorado counties does Finance of America Reverse LLC lend in most?
By originations: Denver County (35), Jefferson County (31), El Paso County (28), Arapahoe County (27), Adams County (22).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Colorado. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.