Nationwide Equities at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 8 reverse-mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
71st4.3% deniedPricingmedian rate spread over APOR, weight 30%
100th0.18 ptsProcesswithdrawn + incomplete share, weight 15%
100th7.7%Closing coststotal loan costs ÷ loan amount, weight 10%
100th1.21% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 336 | 226 | 5.1% | 6.3% | 8.14% | $139M |
| 2024 | 399 | 303 | 4.8% | 5.7% | 9.45% | $207M |
| 2025 | 478 | 419 | 4.0% | 4.3% | 8.98% | $302M |
What Nationwide Equities lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 25 home-equity lines, 471 reverse mortgages, 0 manufactured homes, 0 investment properties.
Why Nationwide Equities denies applications
Primary reason reported for each of the 19 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Nationwide Equities
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 328 | 289 | 4.6% |
| $50k – $100k | 80 | 72 | 5.3% |
| $100k – $150k | 20 | 11 | 8.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 55–64 | 22 | 21 | 0.0% |
| 65–74 | 133 | 117 | 3.3% |
| Over 74 | 311 | 269 | 5.2% |
Where Nationwide Equities lends
17 states and 122 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 194 | 169 | 5.2% | 8.98% | #368 |
| New York | 117 | 98 | 6.0% | 8.98% | #252 |
| Florida | 75 | 66 | 0.0% | 8.99% | #534 |
| New Jersey | 28 | 27 | 0.0% | 8.98% | #413 |
| Maryland | 12 | 11 | 0.0% | 8.98% | #450 |
| Texas | 9 | 8 | 0.0% | 8.99% | #978 |
| Colorado | 8 | 7 | 0.0% | 8.98% | #540 |
| Washington | 8 | 8 | 0.0% | 8.98% | #487 |
| Oregon | 6 | 6 | 0.0% | 8.99% | #430 |
| Virginia | 6 | 5 | 16.7% | 9.12% | #631 |
Frequently asked questions
Nationwide Equities denied 4.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 71st percentile of reverse-mortgage lenders.
The most common reason Nationwide Equities gave in 2025 was "collateral", cited on 42.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Nationwide Equities originated in 2025 was 8.98%, and its median rate spread over the average prime offer rate was 0.18 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 1% of its applications were for home purchases, 88% for refinancing (including cash-out), and 10% for home improvement or other purposes. By loan type: 95% conventional, 5% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.