Finance of America Reverse in California vs the state
9.5%Denial rate-7.95 pts vs state
11.5%Decision denial rate-10.93 pts vs state
71.7%Origination rate+15.45 pts vs state
8.99%Median rate+2.37 pts vs state
—Rate spread (pts)
$35kMedian applicant income
2,527Loans originated
334Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,506 | 1,721 | 8.7% | 7.76% | #67 |
| 2024 | 3,201 | 2,251 | 8.2% | 7.85% | #58 |
| 2025 | 3,527 | 2,527 | 9.5% | 8.99% | #56 |
What Finance of America Reverse lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 811 | 563 | 79 | 9.7% |
| Orange County | 456 | 345 | 33 | 7.2% |
| San Diego County | 394 | 299 | 33 | 8.4% |
| Riverside County | 295 | 201 | 35 | 11.9% |
| Santa Clara County | 179 | 133 | 21 | 11.7% |
| San Bernardino County | 162 | 114 | 22 | 13.6% |
| Contra Costa County | 107 | 79 | 10 | 9.3% |
| Alameda County | 101 | 76 | 7 | 6.9% |
| Ventura County | 97 | 74 | 11 | 11.3% |
| San Mateo County | 87 | 64 | 2 | 2.3% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 3,527 applications in 2025, of which 2,527 were originated and 334 denied.
9.5% of all applications, or 11.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Finance of America Reverse originated in California in 2025 was 8.99%, against a statewide median of 6.63%.
About this data. Figures are Finance of America Reverse's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology