Finance of America Reverse in Massachusetts vs the state
10.1%Denial rate-6.16 pts vs state
12.6%Decision denial rate-7.37 pts vs state
69.9%Origination rate+7.25 pts vs state
6.63%Median rate0.00 pts vs state
—Rate spread (pts)
$33kMedian applicant income
139Loans originated
20Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 109 | 74 | 8.3% | 7.52% | #220 |
| 2024 | 221 | 150 | 13.6% | 7.20% | #140 |
| 2025 | 199 | 139 | 10.1% | 6.63% | #164 |
What Finance of America Reverse lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 36 | 27 | 4 | 11.1% |
| Plymouth County | 31 | 24 | 2 | 6.5% |
| Barnstable County | 29 | 19 | 5 | 17.2% |
| Essex County | 23 | 18 | 1 | 4.3% |
| Norfolk County | 19 | 13 | 3 | 15.8% |
| Worcester County | 18 | 14 | 0 | 0.0% |
| Suffolk County | 13 | 9 | 0 | 0.0% |
| Bristol County | 11 | 5 | 3 | 27.3% |
| Hampden County | 10 | 4 | 2 | 20.0% |
| Berkshire County | 3 | 2 | 0 | 0.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 199 applications in 2025, of which 139 were originated and 20 denied.
10.1% of all applications, or 12.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Finance of America Reverse originated in Massachusetts in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Finance of America Reverse's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology