Finance of America Reverse · Maryland · 2025

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

Finance of America Reverse took 148 mortgage applications in Maryland in 2025, ranking #193 of 810 lenders active in the state. It originated 68.2% of them and denied 14.2% (17.1% of the applications it decided), against a statewide denial rate of 18.8%.

148Applicationsin MD
17.1%Decision denial ratestate 24.1%
6.25%Median ratestate 6.63%
$185,000Median loanstate $265,000
$21MVolume20 counties

Finance of America Reverse in Maryland vs the state

14.2%Denial rate-4.61 pts vs state
17.1%Decision denial rate-7.06 pts vs state
68.2%Origination rate+12.53 pts vs state
6.25%Median rate-0.38 pts vs state
Rate spread (pts)
$31kMedian applicant income
101Loans originated
21Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231359310.4%7.66%#175
202416210510.5%7.21%#172
202514810114.2%6.25%#193

What Finance of America Reverse lends in Maryland

By loan purpose

Home purchase 3 2% · 0.0% denied
Refinance 69 47% · 13.0% denied
Home improvement 6 4% · 0.0% denied
Other / HELOC 70 47% · 17.1% denied

By loan type

FHA 148 100% · 14.2% denied

Why it denied Maryland applicants

Collateral 6 29%
Other 5 24%
Debt-to-income ratio 4 19%
Insufficient cash 4 19%
Unverifiable information 1 5%
Credit history 1 5%

Where in Maryland

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

CountyApplicationsOriginatedDeniedDenial rate
Baltimore County 32203 9.4%
Prince George's County 27214 14.8%
Montgomery County 20161 5.0%
Anne Arundel County 15104 26.7%
Baltimore city 1146 54.5%
Charles County 770 0.0%
Howard County 630 0.0%
Cecil County 430 0.0%
Harford County 440 0.0%
Wicomico County 320 0.0%

Other large lenders in Maryland

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 12,80616.8%6.63%
Navy Federal Credit UnionD 11,43623.0%8.00%
United Shore Financial ServicesB 9,30716.0%6.13%
Truist BankC 6,55934.9%6.49%
Bank of AmericaF 6,05135.8%6.24%
NewrezD 5,73921.0%6.63%
State Employees Credit Union of MarylandD 5,62444.6%6.25%
PNC BankD 5,58228.0%7.41%
Manufacturers and Traders TrustC 5,49732.0%5.99%
Pennymac Loan ServicesC 5,41112.4%6.49%

Frequently asked questions

Maryland: 148 applications in 2025, of which 101 were originated and 21 denied.

14.2% of all applications, or 17.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Finance of America Reverse originated in Maryland in 2025 was 6.25%, against a statewide median of 6.63%.

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