Finance of America Reverse · Pennsylvania · 2025

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

Finance of America Reverse took 223 mortgage applications in Pennsylvania in 2025, ranking #258 of 1,114 lenders active in the state. It originated 63.7% of them and denied 12.6% (16.2% of the applications it decided), against a statewide denial rate of 18.3%.

223Applicationsin PA
16.2%Decision denial ratestate 22.2%
6.38%Median ratestate 6.63%
$145,000Median loanstate $155,000
$27MVolume39 counties

Finance of America Reverse in Pennsylvania vs the state

12.6%Denial rate-5.73 pts vs state
16.2%Decision denial rate-6.03 pts vs state
63.7%Origination rate+2.72 pts vs state
6.38%Median rate-0.25 pts vs state
Rate spread (pts)
$32kMedian applicant income
142Loans originated
28Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329418212.2%7.73%#212
202427717513.4%7.32%#224
202522314212.6%6.38%#258

What Finance of America Reverse lends in Pennsylvania

By loan purpose

Home purchase 2 1% · 0.0% denied
Refinance 107 48% · 18.7% denied
Home improvement 16 7% · 12.5% denied
Other / HELOC 98 44% · 6.1% denied

By loan type

Conventional 27 12% · 29.6% denied
FHA 196 88% · 10.2% denied

Why it denied Pennsylvania applicants

Other 9 32%
Collateral 9 32%
Insufficient cash 4 14%
Credit history 4 14%
Debt-to-income ratio 2 7%

Where in Pennsylvania

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

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 23142 8.7%
Allegheny County 1865 27.8%
Philadelphia County 18112 11.1%
Bucks County 14100 0.0%
Chester County 13100 0.0%
York County 1252 16.7%
Delaware County 12101 8.3%
Berks County 11100 0.0%
Lehigh County 1191 9.1%
Lancaster County 1070 0.0%

Other large lenders in Pennsylvania

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 22,41118.6%6.75%
Citizens BankC 18,25628.1%7.65%
PNC BankD 18,03120.6%6.88%
United Shore Financial ServicesB 13,17813.4%6.47%
Crosscountry MortgageB 11,6153.3%6.63%
Members 1stB 10,86330.9%1.99%
First National Bank of PennsylvaniaB 9,54227.8%6.49%
Police & FireC 8,46034.6%6.25%
PENNSYLVANIA STATE EMPLOYEES Credit UnionC 8,30813.7%6.64%
Pennymac Loan ServicesC 7,90012.6%6.50%

Frequently asked questions

Pennsylvania: 223 applications in 2025, of which 142 were originated and 28 denied.

12.6% of all applications, or 16.2% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Finance of America Reverse originated in Pennsylvania in 2025 was 6.38%, against a statewide median of 6.63%.

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