Finance of America Reverse in Alabama vs the state
14.3%Denial rate-5.56 pts vs state
18.4%Decision denial rate-6.63 pts vs state
63.5%Origination rate+8.10 pts vs state
6.00%Median rate-0.50 pts vs state
—Rate spread (pts)
$27kMedian applicant income
40Loans originated
9Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 89 | 46 | 27.0% | 7.72% | #217 |
| 2024 | 88 | 54 | 9.1% | 7.30% | #232 |
| 2025 | 63 | 40 | 14.3% | 6.00% | #282 |
What Finance of America Reverse lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baldwin County | 8 | 5 | 2 | 25.0% |
| Jefferson County | 7 | 5 | 0 | 0.0% |
| Shelby County | 6 | 4 | 1 | 16.7% |
| Lauderdale County | 4 | 3 | 1 | 25.0% |
| Mobile County | 3 | 1 | 0 | 0.0% |
| Morgan County | 3 | 2 | 0 | 0.0% |
| Madison County | 3 | 2 | 0 | 0.0% |
| Elmore County | 2 | 2 | 0 | 0.0% |
| Etowah County | 2 | 2 | 0 | 0.0% |
| Tuscaloosa County | 2 | 1 | 1 | 50.0% |
Other large lenders in Alabama
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Regions Bank | C | 11,871 | 37.2% | 4.99% |
| Rocket Mortgage | C | 9,941 | 20.5% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 8,461 | 41.4% | 9.50% |
| United Shore Financial Services | B | 7,689 | 12.0% | 6.13% |
| 21st Mortgage | F | 6,507 | 46.0% | 9.98% |
| Mortgage Research Center | C | 5,107 | 18.4% | 6.25% |
| REDSTONE Federal Credit Union | C | 4,548 | 18.9% | 8.13% |
| Dhi Mortgage Company | B | 3,909 | 17.5% | 4.99% |
| Freedom Mortgage | B | 3,725 | 8.7% | 6.25% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
Frequently asked questions
Alabama: 63 applications in 2025, of which 40 were originated and 9 denied.
14.3% of all applications, or 18.4% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Finance of America Reverse originated in Alabama in 2025 was 6.00%, against a statewide median of 6.50%.
About this data. Figures are Finance of America Reverse's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology