Finance of America Reverse in Florida vs the state
13.4%Denial rate-7.69 pts vs state
16.8%Decision denial rate-10.45 pts vs state
64.5%Origination rate+11.79 pts vs state
6.50%Median rate-0.13 pts vs state
—Rate spread (pts)
$33kMedian applicant income
786Loans originated
163Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,277 | 865 | 10.7% | 7.67% | #124 |
| 2024 | 1,399 | 950 | 8.9% | 7.31% | #109 |
| 2025 | 1,219 | 786 | 13.4% | 6.50% | #131 |
What Finance of America Reverse lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 124 | 71 | 16 | 12.9% |
| Palm Beach County | 121 | 80 | 18 | 14.9% |
| Broward County | 102 | 52 | 16 | 15.7% |
| Pinellas County | 65 | 42 | 10 | 15.4% |
| Hillsborough County | 59 | 39 | 4 | 6.8% |
| Marion County | 57 | 38 | 5 | 8.8% |
| Brevard County | 49 | 35 | 7 | 14.3% |
| Lee County | 44 | 25 | 9 | 20.5% |
| Sarasota County | 43 | 30 | 7 | 16.3% |
| Orange County | 42 | 29 | 5 | 11.9% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 1,219 applications in 2025, of which 786 were originated and 163 denied.
13.4% of all applications, or 16.8% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Finance of America Reverse originated in Florida in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Finance of America Reverse's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology