Finance of America Reverse LLC Mortgage Lending & HMDA Data, 2015

In 2015, Finance of America Reverse LLC of Tulsa, OK reported 1,775 mortgage applications totaling $439.0 million, down 23% from 2014. The average application was for $247,305, and applicants reported an average income of $0. 30% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (135), Riverside-San Bernardino-Ontario, CA (65) and New York-Jersey City-White Plains, NY-NJ (62) (applications in parentheses).

Mortgage Company & Address Finance of America Reverse LLC
8023 East 63rd Place, Suite 700
Tulsa, OK 74133
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 1,775
Total Mortgage Loan Application Amount $438,967,000
Average Mortgage Loan Application Amount $247,305
Highest Mortgage Loan Application Amount $2,250,000
Average Applicant Income $0
Highest Applicant Income $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Finance of America Reverse LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Finance of America Reverse LLC by Metropolitan Area in 2015

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles-Long Beach-Glendale, CA 135 $ 60,809,000 $ 450,437 $ 0
Riverside-San Bernardino-Ontario, CA 65 $ 12,577,000 $ 193,492 $ 0
New York-Jersey City-White Plains, NY-NJ 62 $ 16,436,000 $ 265,096 $ 0
San Juan-Caguas-Guaynabo, PR 62 $ 5,494,000 $ 88,612 $ 0
San Diego-Carlsbad, CA 61 $ 22,364,000 $ 366,622 $ 0
Anaheim-Santa Ana-Irvine, CA 51 $ 25,863,000 $ 507,117 $ 0
Denver-Aurora-Lakewood, CO 48 $ 8,482,000 $ 176,708 $ 0
Houston-The Woodlands-Sugar Land, TX 41 $ 6,091,000 $ 148,560 $ 0
St. George, UT 41 $ 8,407,000 $ 205,048 $ 0
Sacramento--Roseville--Arden-Arcade, CA 34 $ 8,154,000 $ 239,823 $ 0
Virginia Beach-Norfolk-Newport News, VA-NC 34 $ 6,117,000 $ 179,911 $ 0
Austin-Round Rock, TX 32 $ 6,834,000 $ 213,562 $ 0
San Francisco-Redwood City-South San Francisco, CA 32 $ 25,816,000 $ 806,750 $ 0
Dallas-Plano-Irving, TX 31 $ 4,799,000 $ 154,806 $ 0
San Jose-Sunnyvale-Santa Clara, CA 30 $ 22,418,000 $ 747,266 $ 0
Washington-Arlington-Alexandria, DC-VA-MD-WV 29 $ 6,749,000 $ 232,724 $ 0
Oakland-Hayward-Berkeley, CA 28 $ 14,162,000 $ 505,785 $ 0
Phoenix-Mesa-Scottsdale, AZ 27 $ 3,663,000 $ 135,666 $ 0
Miami-Miami Beach-Kendall, FL 24 $ 4,982,000 $ 207,583 $ 0
Nassau County-Suffolk County, NY 23 $ 4,548,000 $ 197,739 $ 0
Oxnard-Thousand Oaks-Ventura, CA 22 $ 8,628,000 $ 392,181 $ 0
Salt Lake City, UT 21 $ 3,787,000 $ 180,333 $ 0
Charleston-North Charleston, SC 19 $ 3,205,000 $ 168,684 $ 0
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 18 $ 4,378,000 $ 243,222 $ 0
Orlando-Kissimmee-Sanford, FL 17 $ 2,435,000 $ 143,235 $ 0
Albuquerque, NM 14 $ 1,969,000 $ 140,642 $ 0
Chicago-Naperville-Arlington Heights, IL 13 $ 2,207,000 $ 169,769 $ 0
Fort Worth-Arlington, TX 13 $ 2,137,000 $ 164,384 $ 0
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 13 $ 1,615,000 $ 124,230 $ 0
Providence-Warwick, RI-MA 13 $ 2,133,000 $ 164,076 $ 0
Santa Maria-Santa Barbara, CA 12 $ 8,031,000 $ 669,250 $ 0
Newark, NJ-PA 11 $ 2,807,000 $ 255,181 $ 0
Baltimore-Columbia-Towson, MD 10 $ 1,929,000 $ 192,900 $ 0
Boise City, ID 10 $ 1,185,000 $ 118,500 $ 0
Charlotte-Concord-Gastonia, NC-SC 10 $ 1,553,000 $ 155,300 $ 0
Ogden-Clearfield, UT 10 $ 1,889,000 $ 188,900 $ 0
Ponce, PR 10 $ 705,000 $ 70,500 $ 0
Portland-Vancouver-Hillsboro, OR-WA 10 $ 1,938,000 $ 193,800 $ 0
Seattle-Bellevue-Everett, WA 10 $ 2,731,000 $ 273,100 $ 0
Tampa-St. Petersburg-Clearwater, FL 10 $ 1,199,000 $ 119,900 $ 0
Atlanta-Sandy Springs-Roswell, GA 9 $ 1,293,000 $ 143,666 $ 0
Port St. Lucie, FL 9 $ 1,167,000 $ 129,666 $ 0
Provo-Orem, UT 9 $ 1,860,000 $ 206,666 $ 0
San Antonio-New Braunfels, TX 9 $ 1,155,000 $ 128,333 $ 0
San Rafael, CA 9 $ 7,667,000 $ 851,888 $ 0
West Palm Beach-Boca Raton-Delray Beach, FL 9 $ 4,537,000 $ 504,111 $ 0
North Port-Sarasota-Bradenton, FL 8 $ 1,691,000 $ 211,375 $ 0
Ocala, FL 8 $ 727,000 $ 90,875 $ 0
Oklahoma City, OK 8 $ 1,091,000 $ 136,375 $ 0
St. Louis, MO-IL 8 $ 876,000 $ 109,500 $ 0
The Villages, FL 8 $ 1,643,000 $ 205,375 $ 0
Bakersfield, CA 7 $ 1,041,000 $ 148,714 $ 0
Indianapolis-Carmel-Anderson, IN 7 $ 562,000 $ 80,285 $ 0
Philadelphia, PA 7 $ 981,000 $ 140,142 $ 0
Prescott, AZ 7 $ 988,000 $ 141,142 $ 0
Raleigh, NC 7 $ 1,141,000 $ 163,000 $ 0
Cape Coral-Fort Myers, FL 6 $ 1,166,000 $ 194,333 $ 0
Columbus, OH 6 $ 755,000 $ 125,833 $ 0
Corpus Christi, TX 6 $ 692,000 $ 115,333 $ 0
Pittsburgh, PA 6 $ 672,000 $ 112,000 $ 0
Salinas, CA 6 $ 2,431,000 $ 405,166 $ 0
Santa Fe, NM 6 $ 1,304,000 $ 217,333 $ 0
Santa Rosa, CA 6 $ 1,307,000 $ 217,833 $ 0
Tucson, AZ 6 $ 750,000 $ 125,000 $ 0
Tulsa, OK 6 $ 487,000 $ 81,166 $ 0
Warren-Troy-Farmington Hills, MI 6 $ 583,000 $ 97,166 $ 0
Barnstable Town, MA 5 $ 1,134,000 $ 226,800 $ 0
Cambridge-Newton-Framingham, MA 5 $ 1,022,000 $ 204,400 $ 0
Camden, NJ 5 $ 621,000 $ 124,200 $ 0
Davenport-Moline-Rock Island, IA-IL 5 $ 771,000 $ 154,200 $ 0
Fayetteville-Springdale-Rogers, AR-MO 5 $ 554,000 $ 110,800 $ 0
Jacksonville, FL 5 $ 719,000 $ 143,800 $ 0
Milwaukee-Waukesha-West Allis, WI 5 $ 636,000 $ 127,200 $ 0
Minneapolis-St. Paul-Bloomington, MN-WI 5 $ 782,000 $ 156,400 $ 0
Richmond, VA 5 $ 738,000 $ 147,600 $ 0
Chattanooga, TN-GA 4 $ 335,000 $ 83,750 $ 0
Fresno, CA 4 $ 589,000 $ 147,250 $ 0
Grand Junction, CO 4 $ 484,000 $ 121,000 $ 0
Knoxville, TN 4 $ 536,000 $ 134,000 $ 0
Louisville/Jefferson County, KY-IN 4 $ 351,000 $ 87,750 $ 0
Modesto, CA 4 $ 730,000 $ 182,500 $ 0
Montgomery County-Bucks County-Chester County, PA 4 $ 579,000 $ 144,750 $ 0
Napa, CA 4 $ 1,966,000 $ 491,500 $ 0
Naples-Immokalee-Marco Island, FL 4 $ 984,000 $ 246,000 $ 0
Nashville-Davidson--Murfreesboro--Franklin, TN 4 $ 302,000 $ 75,500 $ 0
New Haven-Milford, CT 4 $ 708,000 $ 177,000 $ 0
Santa Cruz-Watsonville, CA 4 $ 1,793,000 $ 448,250 $ 0
Wilmington, DE-MD-NJ 4 $ 537,000 $ 134,250 $ 0
Yuba City, CA 4 $ 580,000 $ 145,000 $ 0
Atlantic City-Hammonton, NJ 3 $ 1,273,000 $ 424,333 $ 0
Baton Rouge, LA 3 $ 494,000 $ 164,666 $ 0
Boulder, CO 3 $ 870,000 $ 290,000 $ 0
Charlottesville, VA 3 $ 459,000 $ 153,000 $ 0
Dayton, OH 3 $ 694,000 $ 231,333 $ 0
Des Moines-West Des Moines, IA 3 $ 400,000 $ 133,333 $ 0
Eugene, OR 3 $ 553,000 $ 184,333 $ 0
Evansville, IN-KY 3 $ 165,000 $ 55,000 $ 0
Fort Collins, CO 3 $ 903,000 $ 301,000 $ 0
Greeley, CO 3 $ 353,000 $ 117,666 $ 0
Guayama, PR 3 $ 143,000 $ 47,666 $ 0
Hilton Head Island-Bluffton-Beaufort, SC 3 $ 488,000 $ 162,666 $ 0
Kansas City, MO-KS 3 $ 600,000 $ 200,000 $ 0
Kingsport-Bristol-Bristol, TN-VA 3 $ 182,000 $ 60,666 $ 0
Lakeland-Winter Haven, FL 3 $ 262,000 $ 87,333 $ 0
Medford, OR 3 $ 475,000 $ 158,333 $ 0
Olympia-Tumwater, WA 3 $ 611,000 $ 203,666 $ 0
Palm Bay-Melbourne-Titusville, FL 3 $ 298,000 $ 99,333 $ 0
Redding, CA 3 $ 307,000 $ 102,333 $ 0
Salem, OR 3 $ 496,000 $ 165,333 $ 0
San Luis Obispo-Paso Robles-Arroyo Grande, CA 3 $ 873,000 $ 291,000 $ 0
Savannah, GA 3 $ 298,000 $ 99,333 $ 0
Stockton-Lodi, CA 3 $ 714,000 $ 238,000 $ 0
Tacoma-Lakewood, WA 3 $ 449,000 $ 149,666 $ 0
Urban Honolulu, HI 3 $ 1,591,000 $ 530,333 $ 0
Wilmington, NC 3 $ 471,000 $ 157,000 $ 0
Aguadilla-Isabela-San Sebastian, PR 2 $ 94,000 $ 47,000 $ 0
Allentown-Bethlehem-Easton, PA-NJ 2 $ 264,000 $ 132,000 $ 0
Arecibo, PR 2 $ 285,000 $ 142,500 $ 0
Asheville, NC 2 $ 596,000 $ 298,000 $ 0
Augusta-Richmond County, GA-SC 2 $ 503,000 $ 251,500 $ 0
Bellingham, WA 2 $ 434,000 $ 217,000 $ 0
Bend-Redmond, OR 2 $ 362,000 $ 181,000 $ 0
Billings, MT 2 $ 207,000 $ 103,500 $ 0
Blacksburg-Christiansburg-Radford, VA 2 $ 151,000 $ 75,500 $ 0
Buffalo-Cheektowaga-Niagara Falls, NY 2 $ 224,000 $ 112,000 $ 0
Chico, CA 2 $ 235,000 $ 117,500 $ 0
Coeur D'Alene, ID 2 $ 230,000 $ 115,000 $ 0
Deltona-Daytona Beach-Ormond Beach, FL 2 $ 113,000 $ 56,500 $ 0
Dover, DE 2 $ 272,000 $ 136,000 $ 0
Erie, PA 2 $ 168,000 $ 84,000 $ 0
Greensboro-High Point, NC 2 $ 167,000 $ 83,500 $ 0
Harrisburg-Carlisle, PA 2 $ 356,000 $ 178,000 $ 0
Hartford-West Hartford-East Hartford, CT 2 $ 326,000 $ 163,000 $ 0
Huntington-Ashland, WV-KY-OH 2 $ 131,000 $ 65,500 $ 0
Huntsville, AL 2 $ 155,000 $ 77,500 $ 0
Killeen-Temple, TX 2 $ 187,000 $ 93,500 $ 0
Lake Havasu City-Kingman, AZ 2 $ 93,000 $ 46,500 $ 0
Little Rock-North Little Rock-Conway, AR 2 $ 543,000 $ 271,500 $ 0
Logan, UT-ID 2 $ 264,000 $ 132,000 $ 0
Lubbock, TX 2 $ 166,000 $ 83,000 $ 0
Lynchburg, VA 2 $ 199,000 $ 99,500 $ 0
McAllen-Edinburg-Mission, TX 2 $ 98,000 $ 49,000 $ 0
Midland, TX 2 $ 238,000 $ 119,000 $ 0
Monroe, LA 2 $ 201,000 $ 100,500 $ 0
Mount Vernon-Anacortes, WA 2 $ 506,000 $ 253,000 $ 0
New Orleans-Metairie, LA 2 $ 270,000 $ 135,000 $ 0
Ocean City, NJ 2 $ 1,579,000 $ 789,500 $ 0
Punta Gorda, FL 2 $ 285,000 $ 142,500 $ 0
Rochester, NY 2 $ 357,000 $ 178,500 $ 0
Salisbury, MD-DE 2 $ 162,000 $ 81,000 $ 0
San Angelo, TX 2 $ 140,000 $ 70,000 $ 0
Springfield, MO 2 $ 357,000 $ 178,500 $ 0
Vallejo-Fairfield, CA 2 $ 584,000 $ 292,000 $ 0
Worcester, MA-CT 2 $ 288,000 $ 144,000 $ 0
Abilene, TX 1 $ 106,000 $ 106,000 $ 0
Akron, OH 1 $ 159,000 $ 159,000 $ 0
Albany, GA 1 $ 43,000 $ 43,000 $ 0
Anniston-Oxford-Jacksonville, AL 1 $ 90,000 $ 90,000 $ 0
Athens-Clarke County, GA 1 $ 229,000 $ 229,000 $ 0
Beaumont-Port Arthur, TX 1 $ 55,000 $ 55,000 $ 0
Bloomington, IN 1 $ 160,000 $ 160,000 $ 0
Bridgeport-Stamford-Norwalk, CT 1 $ 176,000 $ 176,000 $ 0
Cleveland-Elyria, OH 1 $ 84,000 $ 84,000 $ 0
Columbia, SC 1 $ 231,000 $ 231,000 $ 0
Daphne-Fairhope-Foley, AL 1 $ 65,000 $ 65,000 $ 0
Durham-Chapel Hill, NC 1 $ 141,000 $ 141,000 $ 0
Dutchess County-Putnam County, NY 1 $ 74,000 $ 74,000 $ 0
East Stroudsburg, PA 1 $ 164,000 $ 164,000 $ 0
El Paso, TX 1 $ 28,000 $ 28,000 $ 0
Elgin, IL 1 $ 106,000 $ 106,000 $ 0
Fayetteville, NC 1 $ 129,000 $ 129,000 $ 0
Florence, SC 1 $ 37,000 $ 37,000 $ 0
Fort Wayne, IN 1 $ 233,000 $ 233,000 $ 0
Gadsden, AL 1 $ 40,000 $ 40,000 $ 0
Gainesville, FL 1 $ 61,000 $ 61,000 $ 0
Gainesville, GA 1 $ 144,000 $ 144,000 $ 0
Gary, IN 1 $ 96,000 $ 96,000 $ 0
Gettysburg, PA 1 $ 100,000 $ 100,000 $ 0
Gulfport-Biloxi-Pascagoula, MS 1 $ 74,000 $ 74,000 $ 0
Hagerstown-Martinsburg, MD-WV 1 $ 104,000 $ 104,000 $ 0
Hammond, LA 1 $ 71,000 $ 71,000 $ 0
Hanford-Corcoran, CA 1 $ 108,000 $ 108,000 $ 0
Harrisonburg, VA 1 $ 206,000 $ 206,000 $ 0
Jonesboro, AR 1 $ 236,000 $ 236,000 $ 0
Kahului-Wailuku-Lahaina, HI 1 $ 365,000 $ 365,000 $ 0
Kennewick-Richland, WA 1 $ 189,000 $ 189,000 $ 0
Lake County-Kenosha County, IL-WI 1 $ 132,000 $ 132,000 $ 0
Laredo, TX 1 $ 62,000 $ 62,000 $ 0
Las Cruces, NM 1 $ 209,000 $ 209,000 $ 0
Lebanon, PA 1 $ 99,000 $ 99,000 $ 0
Macon, GA 1 $ 32,000 $ 32,000 $ 0
Manchester-Nashua, NH 1 $ 207,000 $ 207,000 $ 0
Mayagnez, PR 1 $ 138,000 $ 138,000 $ 0
Merced, CA 1 $ 99,000 $ 99,000 $ 0
Mobile, AL 1 $ 11,000 $ 11,000 $ 0
Montgomery, AL 1 $ 90,000 $ 90,000 $ 0
Morristown, TN 1 $ 108,000 $ 108,000 $ 0
Peoria, IL 1 $ 155,000 $ 155,000 $ 0
Sebastian-Vero Beach, FL 1 $ 130,000 $ 130,000 $ 0
Sheboygan, WI 1 $ 53,000 $ 53,000 $ 0
Silver Spring-Frederick-Rockville, MD 1 $ 427,000 $ 427,000 $ 0
Springfield, IL 1 $ 44,000 $ 44,000 $ 0
Texarkana, TX-AR 1 $ 205,000 $ 205,000 $ 0
Tuscaloosa, AL 1 $ 114,000 $ 114,000 $ 0
Vineland-Bridgeton, NJ 1 $ 114,000 $ 114,000 $ 0
Visalia-Porterville, CA 1 $ 71,000 $ 71,000 $ 0
Waco, TX 1 $ 68,000 $ 68,000 $ 0
Walla Walla, WA 1 $ 135,000 $ 135,000 $ 0
Wichita Falls, TX 1 $ 49,000 $ 49,000 $ 0
Winchester, VA-WV 1 $ 163,000 $ 163,000 $ 0
Winston-Salem, NC 1 $ 80,000 $ 80,000 $ 0
Yakima, WA 1 $ 59,000 $ 59,000 $ 0
York-Hanover, PA 1 $ 150,000 $ 150,000 $ 0
Youngstown-Warren-Boardman, OH-PA 1 $ 85,000 $ 85,000 $ 0
Yuma, AZ 1 $ 70,000 $ 70,000 $ 0

Mortgage Loan Application Detail Totals for Finance of America Reverse LLC in 2015

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 1,360 $369,188,000 $271,000 $2,250,000 $0 $0
Home Purchase 415 $69,779,000 $168,000 $437,000 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 1,349 $351,768,000 $260,000 $2,250,000 $0 $0
Hispanic 191 $28,416,000 $148,000 $720,000 $0 $0
Black or African American 156 $29,401,000 $188,000 $630,000 $0 $0
Not Provided 46 $18,430,000 $400,000 $1,332,000 $0 $0
Asian 26 $9,701,000 $373,000 $1,200,000 $0 $0
Native Hawaiian or Other Pacific Islander 6 $1,103,000 $183,000 $423,000 $0 $0
American Indian or Alaskan Native 1 $148,000 $148,000 $148,000 $0 $0
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
FHA-insured (Federal Housing Administration) 1,578 $282,864,000 $179,000 $469,000 $0 $0
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 197 $156,103,000 $792,000 $2,250,000 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Purchased By The Institution 928 $165,873,000 $178,000 $462,000 $0 $0
Loan Originated 527 $176,416,000 $334,000 $2,250,000 $0 $0
Application Approved But Not Accepted 167 $45,921,000 $274,000 $1,584,000 $0 $0
Application Withdrawn By Applicant 77 $26,039,000 $338,000 $1,584,000 $0 $0
Application Denied By Financial Institution 57 $18,666,000 $327,000 $1,415,000 $0 $0
File Closed For Incompleteness 19 $6,052,000 $318,000 $1,750,000 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Finance of America Reverse LLC's 2015 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Finance of America Reverse LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Oklahoma, download the full spreadsheet with aggregated HMDA statistics today.

Download the Oklahoma Lender List