Finance of America Reverse in Washington vs the state
7.2%Denial rate-8.48 pts vs state
8.6%Decision denial rate-10.91 pts vs state
75.6%Origination rate+14.50 pts vs state
6.50%Median rate-0.13 pts vs state
—Rate spread (pts)
$35kMedian applicant income
337Loans originated
32Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 355 | 261 | 7.6% | 7.68% | #115 |
| 2024 | 443 | 317 | 8.4% | 7.32% | #102 |
| 2025 | 446 | 337 | 7.2% | 6.50% | #110 |
What Finance of America Reverse lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 115 | 86 | 8 | 7.0% |
| Pierce County | 52 | 37 | 7 | 13.5% |
| Snohomish County | 49 | 39 | 2 | 4.1% |
| Clark County | 27 | 22 | 1 | 3.7% |
| Kitsap County | 27 | 23 | 0 | 0.0% |
| Thurston County | 19 | 16 | 1 | 5.3% |
| Whatcom County | 19 | 16 | 1 | 5.3% |
| Spokane County | 15 | 11 | 0 | 0.0% |
| Island County | 13 | 12 | 0 | 0.0% |
| Skagit County | 10 | 5 | 2 | 20.0% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 446 applications in 2025, of which 337 were originated and 32 denied.
7.2% of all applications, or 8.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Finance of America Reverse originated in Washington in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Finance of America Reverse's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology