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Finance of America Reverse LLC in Tennessee

HMDA record for properties in Tennessee, calendar year 2024. National record · Tennessee overview

LEI 549300S5YL3OH0IVCS62
Reporting agency Department of Housing and Urban Development
State Tennessee

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 Tennessee, Finance of America Reverse LLC reported 229 applications and 157 originations for 2024, $25m in all.

Its denial rate in the state was 10.0%, below the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 10.8%.

Applications in the state were about level with 2023.

229applications in TN, 20241.8% of the lender's total
157loans originated$25m
10.0%denial rateTN all lenders 22.6%
—median rate spreadTN 0.3 pp

Compared with the state and the lender's national record

MeasureIn TennesseeTennessee, all lendersFinance of America Reverse LLC, all statesUnited States
Denial rate10.0%22.6%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$162k$302k$295k$329k
Home purchase share3.8%55.5%3.5%57.0%
FHA-insured share100.0%15.5%80.1%13.4%
VA-guaranteed share0.0%10.0%0.0%7.9%

Trend by year

ApplicationsOriginations

01162322022: 98 Applications2023: 232 Applications2024: 229 Applications2022: 68 Originations2023: 156 Originations2024: 157 Originations202220232024
Finance of America Reverse LLC in Tennessee: applications and originations, 2022–2024

This lender in stateTennessee, all lenders

0%11.8%23.5%2022: 10.5% This lender in state2023: 20.7% This lender in state2024: 10% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Tennessee

By purpose

Home purchase 4% (6)Home improvement 5% (8)Refinancing 56% (88)Other purpose 35% (55)

By type

FHA 100% (157)

Denial reasons as coded

Withheld: fewer than 25 denials in the state.

Counties in Tennessee

CountyApplicationsOriginationsAmountDenial rate
Davidson County3122$4.5m15.4%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Finance of America Reverse LLC originate in Tennessee in 2024?

157 loans totalling $25m, from 229 applications reported for properties in Tennessee.

What is Finance of America Reverse LLC's denial rate in Tennessee?

10.0% of decided applications in Tennessee were denied, against 22.6% 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 Tennessee counties does Finance of America Reverse LLC lend in most?

By originations: Davidson 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 Tennessee. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.