Lenders › Finance of America Reverse LLC › Florida
Finance of America Reverse LLC in Florida
HMDA record for properties in Florida, calendar year 2024. National record · Florida 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 Florida, Finance of America Reverse LLC reported 1,399 applications and 950 originations for 2024, $242m in all.
Its denial rate in the state was 11.4%, below the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 10.8%.
Applications in the state were up 10% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Finance of America Reverse LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 11.4% | 29.0% | 10.8% | 24.3% |
| Median rate spread, pp | — | 0.3 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 16.4% | — | 15.6% |
| Average originated loan | $255k | $359k | $295k | $329k |
| Home purchase share | 3.9% | 62.9% | 3.5% | 57.0% |
| FHA-insured share | 85.2% | 17.7% | 80.1% | 13.4% |
| VA-guaranteed share | 0.0% | 9.5% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 4% (37)Home improvement 2% (22)Refinancing 55% (522)Cash-out refinancing 0% (1)Other purpose 39% (368)
By type
Conventional 15% (141)FHA 85% (809)
Denial reasons as coded
Share of 125 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Palm Beach County | 139 | 91 | $35m | 7.8% |
| Broward County | 108 | 74 | $26m | 17.4% |
| Miami-Dade County | 115 | 59 | $30m | 21.8% |
| Pinellas County | 69 | 53 | $12m | 1.9% |
| Lee County | 70 | 48 | $13m | 11.1% |
| Orange County | 64 | 44 | $9.5m | 12.0% |
| Marion County | 55 | 44 | $6.8m | 6.3% |
| Brevard County | 58 | 38 | $6.8m | 18.4% |
| Hillsborough County | 64 | 37 | $7.0m | 14.6% |
| Volusia County | 51 | 37 | $5.9m | 9.5% |
| Sarasota County | 43 | 32 | $6.2m | 10.8% |
| Pasco County | 42 | 28 | $4.2m | 0.0% |
| Duval County | 38 | 26 | $4.7m | 16.1% |
| Polk County | 35 | 26 | $3.6m | 10.3% |
| Manatee County | 33 | 25 | $7.0m | 3.7% |
| St. Lucie County | 46 | 24 | $3.8m | 13.8% |
| Collier County | 29 | 23 | $13m | 8.0% |
| Hernando County | 25 | 18 | $3.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Finance of America Reverse LLC originate in Florida in 2024?
950 loans totalling $242m, from 1,399 applications reported for properties in Florida.
What is Finance of America Reverse LLC's denial rate in Florida?
11.4% of decided applications in Florida were denied, against 29.0% 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 Florida counties does Finance of America Reverse LLC lend in most?
By originations: Palm Beach County (91), Broward County (74), Miami-Dade County (59), Pinellas County (53), Lee County (48).
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 Florida. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.