Finance of America Reverse · Tennessee · 2025

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

Finance of America Reverse took 196 mortgage applications in Tennessee in 2025, ranking #219 of 1,274 lenders active in the state. It originated 65.8% of them and denied 10.2% (13.0% of the applications it decided), against a statewide denial rate of 17.1%.

196Applicationsin TN
13.0%Decision denial ratestate 21.7%
6.13%Median ratestate 6.62%
$155,000Median loanstate $225,000
$24MVolume57 counties

Finance of America Reverse in Tennessee vs the state

10.2%Denial rate-6.94 pts vs state
13.0%Decision denial rate-8.69 pts vs state
65.8%Origination rate+7.74 pts vs state
6.13%Median rate-0.50 pts vs state
Rate spread (pts)
$28kMedian applicant income
129Loans originated
20Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323215617.7%7.71%#169
20242291577.9%7.13%#181
202519612910.2%6.13%#219

What Finance of America Reverse lends in Tennessee

By loan purpose

Home purchase 2 1% · 0.0% denied
Refinance 111 57% · 13.5% denied
Home improvement 5 3% · 20.0% denied
Other / HELOC 78 40% · 5.1% denied

By loan type

FHA 196 100% · 10.2% denied

Why it denied Tennessee applicants

Collateral 9 45%
Other 4 20%
Debt-to-income ratio 4 20%
Insufficient cash 2 10%
Credit history 1 5%

Where in Tennessee

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

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 25163 12.0%
Knox County 1592 13.3%
Sumner County 14101 7.1%
Shelby County 1191 9.1%
Williamson County 742 28.6%
Hamilton County 750 0.0%
Bradley County 650 0.0%
Bedford County 641 16.7%
Montgomery County 530 0.0%
Rutherford County 530 0.0%

Other large lenders in Tennessee

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,50317.3%6.50%
United Shore Financial ServicesB 12,45810.9%6.12%
Regions BankC 11,24736.5%4.99%
Vanderbilt Mortgage and FinanceF 9,64935.8%8.75%
Mortgage Research CenterC 6,56817.3%6.25%
FirstBankC 5,67714.5%6.88%
CMG MortgageA 5,6432.9%6.50%
Freedom MortgageB 5,4938.0%6.25%
Pennymac Loan ServicesC 5,33111.2%6.00%
Mortgage Investors GroupB 4,4543.5%6.50%

Frequently asked questions

Tennessee: 196 applications in 2025, of which 129 were originated and 20 denied.

10.2% of all applications, or 13.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Finance of America Reverse originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.

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