Finance of America Reverse in Indiana vs the state
10.8%Denial rate-5.76 pts vs state
13.6%Decision denial rate-6.50 pts vs state
68.5%Origination rate+6.22 pts vs state
6.38%Median rate-0.38 pts vs state
—Rate spread (pts)
$31kMedian applicant income
76Loans originated
12Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 138 | 90 | 13.8% | 7.82% | #215 |
| 2024 | 125 | 97 | 8.8% | 7.35% | #230 |
| 2025 | 111 | 76 | 10.8% | 6.38% | #258 |
What Finance of America Reverse lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 16 | 9 | 1 | 6.3% |
| Allen County | 10 | 8 | 1 | 10.0% |
| St. Joseph County | 9 | 5 | 1 | 11.1% |
| Lake County | 8 | 7 | 0 | 0.0% |
| Johnson County | 6 | 5 | 1 | 16.7% |
| Boone County | 6 | 3 | 1 | 16.7% |
| Porter County | 5 | 4 | 1 | 20.0% |
| Elkhart County | 5 | 3 | 1 | 20.0% |
| Hamilton County | 4 | 3 | 1 | 25.0% |
| Morgan County | 4 | 2 | 2 | 50.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 111 applications in 2025, of which 76 were originated and 12 denied.
10.8% of all applications, or 13.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Finance of America Reverse originated in Indiana in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Finance of America Reverse's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology