Finance of America Reverse · Ohio · 2025

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

Finance of America Reverse took 150 mortgage applications in Ohio in 2025, ranking #272 of 1,092 lenders active in the state. It originated 63.3% of them and denied 12.7% (16.4% of the applications it decided), against a statewide denial rate of 17.7%.

150Applicationsin OH
16.4%Decision denial ratestate 21.9%
6.25%Median ratestate 6.88%
$130,000Median loanstate $155,000
$14MVolume45 counties

Finance of America Reverse in Ohio vs the state

12.7%Denial rate-5.02 pts vs state
16.4%Decision denial rate-5.51 pts vs state
63.3%Origination rate+3.43 pts vs state
6.25%Median rate-0.63 pts vs state
Rate spread (pts)
$28kMedian applicant income
95Loans originated
19Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202318611121.0%7.83%#230
202417910611.7%7.33%#234
20251509512.7%6.25%#272

What Finance of America Reverse lends in Ohio

By loan purpose

Home purchase 6 4% · 0.0% denied
Refinance 77 51% · 16.9% denied
Home improvement 12 8% · 8.3% denied
Other / HELOC 55 37% · 9.1% denied

By loan type

Conventional 10 7% · 20.0% denied
FHA 140 93% · 12.1% denied

Why it denied Ohio applicants

Insufficient cash 8 42%
Collateral 5 26%
Debt-to-income ratio 3 16%
Credit history 2 11%
Other 1 5%

Where in Ohio

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

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 20132 10.0%
Cuyahoga County 19112 10.5%
Hamilton County 15101 6.7%
Summit County 852 25.0%
Stark County 740 0.0%
Butler County 640 0.0%
Delaware County 521 20.0%
Montgomery County 440 0.0%
Trumbull County 420 0.0%
Lorain County 330 0.0%

Other large lenders in Ohio

LenderGradeApplicationsDenial rateMedian rate
The Huntington National BankD 42,68325.8%7.59%
Rocket MortgageC 23,16518.5%6.63%
Fifth Third BankD 21,93925.6%7.50%
Crosscountry MortgageB 16,0663.1%6.75%
United Shore Financial ServicesB 14,62613.1%6.45%
Third Federal Savings and Loan Association of ClevelandC 12,62223.0%6.74%
PNC BankD 11,60724.6%7.40%
Wright-Patt Credit UnionC 8,79128.1%7.50%
U.S. BankD 8,62338.0%7.60%
Citizens BankC 7,77524.3%7.65%

Frequently asked questions

Ohio: 150 applications in 2025, of which 95 were originated and 19 denied.

12.7% of all applications, or 16.4% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Finance of America Reverse originated in Ohio in 2025 was 6.25%, against a statewide median of 6.88%.

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