Finance of America Reverse · Arizona · 2025

Finance of America Reverse in Arizona: approval rate, denial rate and rates (2025)

Finance of America Reverse took 517 mortgage applications in Arizona in 2025, ranking #107 of 1,082 lenders active in the state. It originated 77.6% of them and denied 7.5% (8.7% of the applications it decided), against a statewide denial rate of 16.2%.

517Applicationsin AZ
8.7%Decision denial ratestate 20.4%
6.50%Median ratestate 6.50%
$205,000Median loanstate $275,000
$104MVolume13 counties

Finance of America Reverse in Arizona vs the state

7.5%Denial rate-8.69 pts vs state
8.7%Decision denial rate-11.72 pts vs state
77.6%Origination rate+18.08 pts vs state
6.50%Median rate0.00 pts vs state
Rate spread (pts)
$32kMedian applicant income
401Loans originated
39Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234673359.0%7.62%#102
20245083905.1%7.31%#103
20255174017.5%6.50%#107

What Finance of America Reverse lends in Arizona

By loan purpose

Home purchase 22 4% · 0.0% denied
Refinance 294 57% · 7.8% denied
Home improvement 20 4% · 5.0% denied
Other / HELOC 181 35% · 8.3% denied

By loan type

Conventional 166 32% · 11.5% denied
FHA 351 68% · 5.7% denied

Why it denied Arizona applicants

Collateral 16 41%
Other 11 28%
Insufficient cash 5 13%
Debt-to-income ratio 4 10%
Credit history 2 5%
Employment history 1 3%

Where in Arizona

Counties with the most Finance of America Reverse applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 28421726 9.2%
Pima County 62533 4.8%
Yavapai County 54462 3.7%
Mohave County 42275 11.9%
Pinal County 40311 2.5%
Navajo County 860 0.0%
Yuma County 770 0.0%
Coconino County 760 0.0%
Gila County 541 20.0%
Santa Cruz County 321 33.3%

Other large lenders in Arizona

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 25,38310.2%6.25%
Rocket MortgageC 17,94715.6%6.75%
Desert Financial Credit UnionB 16,97024.3%6.49%
Crosscountry MortgageB 7,5703.8%6.58%
Fairway Independent MortgageB 6,7295.6%6.63%
Bank of AmericaF 6,22932.2%6.24%
Loandepot.ComD 6,18016.1%5.99%
Pennymac Loan ServicesC 5,83811.7%6.62%
Nova Financial & InvestmentC 5,38016.2%6.49%
Freedom MortgageB 4,9917.0%6.00%

Frequently asked questions

Arizona: 517 applications in 2025, of which 401 were originated and 39 denied.

7.5% of all applications, or 8.7% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Finance of America Reverse originated in Arizona in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Finance of America Reverse's own HMDA filing for properties located in Arizona, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology