Reverse Mortgage Funding Rates, Fees & Info

WILMINGTON, DE

LEI: 5493001FXF3J5C0QWQ87

Tax ID: 80-0860209

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Reverse Mortgage Funding is a small mortgage company specializing in Refi loans. They have a a high proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Los Angeles, San Francisco, San Diego, Phoenix, and Riverside among others. We have data for 341 markets. (Some data included below & more in-depth data is available with an active subscription.)

Reverse Mortgage Funding has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
Home Equity Line of Credit (HELOC)	6.27%	2/17/25
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Reverse Mortgage Funding Mortgage Calculator

Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Reverse Mortgage Funding. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.

Originations

5,586

Origination Dollar Volume (All Markets)

$2,187,460,000

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market	Originations	Total Value	Average Loan	Average Fees	Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	571	$390,465,000	$683,827	$0	6.14%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	212	$161,980,000	$764,057	$0	6.26%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	257	$151,545,000	$589,669	$0	5.62%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	249	$82,155,000	$329,940	$0	6.07%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	229	$75,145,000	$328,144	$0	5.56%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	73	$74,625,000	$1,022,260	$0	6.51%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	193	$70,115,000	$363,290	$0	5.43%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	222	$69,920,000	$314,955	$0	4.54%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	135	$62,425,000	$462,407	$0	5.21%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	166	$60,310,000	$363,313	$0	4.99%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	131	$57,265,000	$437,137	$0	6.76%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	117	$46,885,000	$400,726	$0	5.56%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	113	$39,275,000	$347,566	$0	5.18%
PROVO-OREM, UT (FHA\|USDA\|VA)	104	$35,070,000	$337,212	$0	4.93%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	97	$29,285,000	$301,907	$0	4.70%
Outside of Metro Areas	95	$28,735,000	$302,474	$0	5.22%
URBAN HONOLULU, HI (FHA\|USDA\|VA)	35	$22,875,000	$653,571	$0	6.11%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	95	$22,625,000	$238,158	$0	7.02%
OGDEN-CLEARFIELD, UT (FHA\|USDA\|VA)	76	$21,410,000	$281,711	$0	5.18%
BOULDER, CO (FHA\|USDA\|VA)	46	$19,170,000	$416,739	$0	5.26%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	41	$18,465,000	$450,366	$0	5.02%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	34	$18,190,000	$535,000	$0	6.23%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	72	$16,970,000	$235,694	$0	6.62%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	63	$16,825,000	$267,063	$0	5.92%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	64	$15,940,000	$249,063	$0	6.26%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA\|USDA\|VA)	47	$15,585,000	$331,596	$0	5.21%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	47	$14,625,000	$311,170	$0	6.64%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	28	$13,750,000	$491,071	$0	4.68%
SANTA MARIA-SANTA BARBARA, CA (FHA\|USDA\|VA)	13	$12,185,000	$937,308	$0	6.74%
BARNSTABLE TOWN, MA (FHA\|USDA\|VA)	26	$12,010,000	$461,923	$0	5.04%
SANTA CRUZ-WATSONVILLE, CA (FHA\|USDA\|VA)	15	$11,795,000	$786,333	$0	6.07%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	37	$10,385,000	$280,676	$0	6.20%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	17	$10,235,000	$602,059	$0	7.20%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	38	$9,110,000	$239,737	$0	4.28%
JACKSONVILLE, FL (FHA\|USDA\|VA)	38	$9,000,000	$236,842	$0	6.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	39	$8,995,000	$230,641	$0	7.36%
MEDFORD, OR (FHA\|USDA\|VA)	32	$8,580,000	$268,125	$0	4.59%
Outside of Metro Areas	25	$8,385,000	$335,400	$0	5.14%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	31	$8,225,000	$265,323	$0	5.38%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	20	$8,210,000	$410,500	$0	7.14%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	26	$8,180,000	$314,615	$0	4.65%
PORTLAND-SOUTH PORTLAND, ME (FHA\|USDA\|VA)	25	$7,965,000	$318,600	$0	4.21%
TUCSON, AZ (FHA\|USDA\|VA)	34	$7,760,000	$228,235	$0	6.09%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	31	$7,685,000	$247,903	$0	5.73%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	38	$7,290,000	$191,842	$0	7.03%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	29	$7,235,000	$249,483	$0	6.89%
Helena, MT (FHA\|USDA\|VA)	24	$7,100,000	$295,833	$0	4.02%
Sebastian-Vero Beach, FL (FHA\|USDA\|VA)	21	$7,055,000	$335,952	$0	7.54%
BOISE CITY, ID (FHA\|USDA\|VA)	28	$7,040,000	$251,429	$0	4.77%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	31	$6,905,000	$222,742	$0	5.73%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	39	$6,785,000	$173,974	$0	6.50%
GREELEY, CO (FHA\|USDA\|VA)	21	$6,735,000	$320,714	$0	4.89%
KAHULUI-WAILUKU-LAHAINA, HI (FHA\|USDA\|VA)	10	$6,680,000	$668,000	$0	5.94%
Bozeman, MT (FHA\|USDA\|VA)	12	$6,420,000	$535,000	$0	5.53%
THE VILLAGES, FL (FHA\|USDA\|VA)	21	$6,065,000	$288,810	$0	5.12%
OCALA, FL (FHA\|USDA\|VA)	33	$5,735,000	$173,788	$0	6.87%
STOCKTON, CA (FHA\|USDA\|VA)	17	$5,645,000	$332,059	$0	5.02%
BELLINGHAM, WA (FHA\|USDA\|VA)	12	$5,540,000	$461,667	$0	4.93%
SALINAS, CA (FHA\|USDA\|VA)	10	$5,130,000	$513,000	$0	6.20%
BEND, OR (FHA\|USDA\|VA)	12	$4,990,000	$415,833	$0	4.44%
ST. GEORGE, UT (FHA\|USDA\|VA)	16	$4,850,000	$303,125	$0	5.68%
FORT COLLINS, CO (FHA\|USDA\|VA)	15	$4,765,000	$317,667	$0	4.53%
SALEM, OR (FHA\|USDA\|VA)	19	$4,585,000	$241,316	$0	4.94%
PUNTA GORDA, FL (FHA\|USDA\|VA)	18	$4,560,000	$253,333	$0	6.60%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	8	$4,530,000	$566,250	$0	6.37%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	19	$4,435,000	$233,421	$0	6.03%
VALLEJO, CA (FHA\|USDA\|VA)	14	$4,340,000	$310,000	$0	5.01%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	19	$4,315,000	$227,105	$0	6.54%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	23	$4,075,000	$177,174	$0	6.42%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA\|USDA\|VA)	23	$4,075,000	$177,174	$0	6.52%
Hilo, HI (FHA\|USDA\|VA)	9	$3,995,000	$443,889	$0	5.62%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	23	$3,835,000	$166,739	$0	5.90%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	14	$3,750,000	$267,857	$0	5.90%
ALBUQUERQUE, NM (FHA\|USDA\|VA)	20	$3,740,000	$187,000	$0	5.17%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	16	$3,720,000	$232,500	$0	6.60%
RICHMOND, VA (FHA\|USDA\|VA)	20	$3,650,000	$182,500	$0	6.06%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	22	$3,620,000	$164,545	$0	6.49%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA\|USDA\|VA)	7	$3,515,000	$502,143	$0	6.07%
Kalispell, MT (FHA\|USDA\|VA)	9	$3,475,000	$386,111	$0	4.57%
NAPA, CA (FHA\|USDA\|VA)	5	$3,435,000	$687,000	$0	5.94%
RENO, NV (FHA\|USDA\|VA)	10	$3,390,000	$339,000	$0	5.93%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA\|USDA\|VA)	8	$3,380,000	$422,500	$0	5.24%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	15	$3,355,000	$223,667	$0	5.55%
Truckee-Grass Valley, CA (FHA\|USDA\|VA)	9	$3,235,000	$359,444	$0	4.19%
Edwards, CO (FHA\|USDA\|VA)	4	$3,200,000	$800,000	$0	7.69%
Torrington, CT (FHA\|USDA\|VA)	5	$3,145,000	$629,000	$0	5.91%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	6	$3,060,000	$510,000	$0	8.45%
LOGAN, UT-ID (FHA\|USDA\|VA)	10	$3,030,000	$303,000	$0	4.48%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	11	$2,965,000	$269,545	$0	5.00%
COLUMBUS, OH (FHA\|USDA\|VA)	14	$2,950,000	$210,714	$0	6.45%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	9	$2,895,000	$321,667	$0	4.29%
EUGENE-SPRINGFIELD, OR (FHA\|USDA\|VA)	9	$2,755,000	$306,111	$0	5.98%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	9	$2,715,000	$301,667	$0	4.09%
IDAHO FALLS, ID (FHA\|USDA\|VA)	13	$2,685,000	$206,538	$0	3.93%
LOUISVILLE, KY (FHA\|USDA\|VA)	17	$2,665,000	$156,765	$0	4.98%
OCEAN CITY, NJ (FHA\|USDA\|VA)	6	$2,560,000	$426,667	$0	5.71%
Kill Devil Hills, NC (FHA\|USDA\|VA)	7	$2,505,000	$357,857	$0	4.53%
FRESNO, CA (FHA\|USDA\|VA)	10	$2,480,000	$248,000	$0	6.41%
BAKERSFIELD, CA (FHA\|USDA\|VA)	15	$2,455,000	$163,667	$0	6.30%
Heber, UT (FHA\|USDA\|VA)	6	$2,400,000	$400,000	$0	4.56%
PITTSBURGH, PA (FHA\|USDA\|VA)	8	$2,370,000	$296,250	$0	4.24%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	9	$2,315,000	$257,222	$0	4.79%
Port Angeles, WA (FHA\|USDA\|VA)	7	$2,275,000	$325,000	$0	4.41%
MODESTO, CA (FHA\|USDA\|VA)	8	$2,270,000	$283,750	$0	5.48%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA\|USDA\|VA)	13	$2,155,000	$165,769	$0	6.31%
CHARLOTTESVILLE, VA (FHA\|USDA\|VA)	11	$2,125,000	$193,182	$0	5.56%
MANCHESTER-NASHUA, NH (FHA\|USDA\|VA)	10	$2,120,000	$212,000	$0	5.56%
Montrose, CO (FHA\|USDA\|VA)	5	$2,015,000	$403,000	$0	5.14%
SANTA FE, NM (FHA\|USDA\|VA)	5	$1,995,000	$399,000	$0	4.90%
MOUNT VERNON-ANACORTES, WA (FHA\|USDA\|VA)	5	$1,945,000	$389,000	$0	4.86%
Georgetown, SC (FHA\|USDA\|VA)	5	$1,905,000	$381,000	$0	5.12%
NEW HAVEN-MILFORD, CT (FHA\|USDA\|VA)	11	$1,895,000	$172,273	$0	7.42%
HOMOSASSA SPRINGS, FL (FHA\|USDA\|VA)	10	$1,860,000	$186,000	$0	6.14%
Payson, AZ (FHA\|USDA\|VA)	5	$1,815,000	$363,000	$0	6.29%
Sandpoint, ID (FHA\|USDA\|VA)	5	$1,805,000	$361,000	$0	6.94%
YUBA CITY, CA (FHA\|USDA\|VA)	8	$1,770,000	$221,250	$0	5.45%
Traverse City, MI (FHA\|USDA\|VA)	8	$1,750,000	$218,750	$0	4.34%
REDDING, CA (FHA\|USDA\|VA)	9	$1,725,000	$191,667	$0	7.28%
Pahrump, NV (FHA\|USDA\|VA)	7	$1,705,000	$243,571	$0	5.33%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	4	$1,690,000	$422,500	$0	6.47%
ASHEVILLE, NC (FHA\|USDA\|VA)	4	$1,670,000	$417,500	$0	4.37%
Aberdeen, WA (FHA\|USDA\|VA)	7	$1,645,000	$235,000	$0	5.24%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	5	$1,645,000	$329,000	$0	5.85%
DURHAM-CHAPEL HILL, NC (FHA\|USDA\|VA)	7	$1,635,000	$233,571	$0	4.76%
PUEBLO, CO (FHA\|USDA\|VA)	8	$1,620,000	$202,500	$0	5.01%
Clearlake, CA (FHA\|USDA\|VA)	4	$1,620,000	$405,000	$0	4.54%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	5	$1,615,000	$323,000	$0	7.59%
Oak Harbor, WA (FHA\|USDA\|VA)	3	$1,565,000	$521,667	$0	3.43%
SPRINGFIELD, MA (FHA\|USDA\|VA)	9	$1,555,000	$172,778	$0	5.36%
Astoria, OR (FHA\|USDA\|VA)	5	$1,545,000	$309,000	$0	6.76%
Ukiah, CA (FHA\|USDA\|VA)	4	$1,510,000	$377,500	$0	5.06%
KNOXVILLE, TN (FHA\|USDA\|VA)	6	$1,450,000	$241,667	$0	4.45%
Roseburg, OR (FHA\|USDA\|VA)	6	$1,360,000	$226,667	$0	5.92%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	5	$1,345,000	$269,000	$0	6.42%
CHICO, CA (FHA\|USDA\|VA)	5	$1,345,000	$269,000	$0	4.63%
WORCESTER, MA-CT (FHA\|USDA\|VA)	7	$1,335,000	$190,714	$0	5.03%
FLAGSTAFF, AZ (FHA\|USDA\|VA)	3	$1,325,000	$441,667	$0	3.75%
LONGVIEW, WA (FHA\|USDA\|VA)	6	$1,310,000	$218,333	$0	4.40%
COLUMBIA, SC (FHA\|USDA\|VA)	7	$1,305,000	$186,429	$0	6.64%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	8	$1,240,000	$155,000	$0	5.55%
ATLANTIC CITY-HAMMONTON, NJ (FHA\|USDA\|VA)	6	$1,240,000	$206,667	$0	5.65%
HARRISBURG-CARLISLE, PA (FHA\|USDA\|VA)	8	$1,220,000	$152,500	$0	7.44%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	6	$1,220,000	$203,333	$0	4.09%
ALBANY-LEBANON, OR (FHA\|USDA\|VA)	5	$1,205,000	$241,000	$0	6.38%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	6	$1,160,000	$193,333	$0	4.46%
WENATCHEE, WA (FHA\|USDA\|VA)	4	$1,140,000	$285,000	$0	4.16%
Blackfoot, ID (FHA\|USDA\|VA)	4	$1,140,000	$285,000	$0	4.54%
CORVALLIS, OR (FHA\|USDA\|VA)	4	$1,120,000	$280,000	$0	5.20%
VISALIA, CA (FHA\|USDA\|VA)	6	$1,120,000	$186,667	$0	6.71%
Key West, FL (FHA\|USDA\|VA)	2	$1,110,000	$555,000	$0	7.97%
GRANTS PASS, OR (FHA\|USDA\|VA)	5	$1,105,000	$221,000	$0	5.58%
WINSTON-SALEM, NC (FHA\|USDA\|VA)	7	$1,105,000	$157,857	$0	5.21%
Cañon City, CO (FHA\|USDA\|VA)	6	$1,100,000	$183,333	$0	6.08%
BUFFALO-CHEEKTOWAGA, NY (FHA\|USDA\|VA)	8	$1,080,000	$135,000	$0	4.74%
Vineyard Haven, MA (FHA\|USDA\|VA)	1	$1,075,000	$1,075,000	$0	7.05%
KENNEWICK-RICHLAND, WA (FHA\|USDA\|VA)	4	$1,070,000	$267,500	$0	4.96%
Shelton, WA (FHA\|USDA\|VA)	5	$1,065,000	$213,000	$0	6.23%
NORWICH-NEW LONDON, CT (FHA\|USDA\|VA)	3	$1,055,000	$351,667	$0	6.73%
Gardnerville Ranchos, NV (FHA\|USDA\|VA)	3	$1,035,000	$345,000	$0	6.09%
PITTSFIELD, MA (FHA\|USDA\|VA)	3	$1,025,000	$341,667	$0	7.12%
Laconia, NH (FHA\|USDA\|VA)	3	$985,000	$328,333	$0	4.03%
SAVANNAH, GA (FHA\|USDA\|VA)	2	$980,000	$490,000	$0	4.00%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA\|USDA\|VA)	4	$940,000	$235,000	$0	4.99%
STAUNTON, VA (FHA\|USDA\|VA)	5	$885,000	$177,000	$0	5.33%
MADERA, CA (FHA\|USDA\|VA)	4	$850,000	$212,500	$0	6.24%
Steamboat Springs, CO (FHA\|USDA\|VA)	1	$835,000	$835,000	$0	8.13%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	3	$825,000	$275,000	$0	6.52%
TWIN FALLS, ID (FHA\|USDA\|VA)	3	$805,000	$268,333	$0	5.70%
Glenwood Springs, CO (FHA\|USDA\|VA)	1	$795,000	$795,000	$0	9.50%
MISSOULA, MT (FHA\|USDA\|VA)	3	$795,000	$265,000	$0	5.88%
Brevard, NC (FHA\|USDA\|VA)	2	$790,000	$395,000	$0	4.24%
GRAND JUNCTION, CO (FHA\|USDA\|VA)	3	$775,000	$258,333	$0	7.79%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	5	$725,000	$145,000	$0	6.64%
Prineville, OR (FHA\|USDA\|VA)	3	$725,000	$241,667	$0	5.05%
Sonora, CA (FHA\|USDA\|VA)	3	$715,000	$238,333	$0	4.11%
CARSON CITY, NV (FHA\|USDA\|VA)	2	$710,000	$355,000	$0	4.15%
TYLER, TX (FHA\|USDA\|VA)	3	$695,000	$231,667	$0	7.64%
Klamath Falls, OR (FHA\|USDA\|VA)	3	$695,000	$231,667	$0	7.49%
SIERRA VISTA-DOUGLAS, AZ (FHA\|USDA\|VA)	5	$685,000	$137,000	$0	6.45%
POCATELLO, ID (FHA\|USDA\|VA)	4	$680,000	$170,000	$0	3.86%
Keene, NH (FHA\|USDA\|VA)	3	$665,000	$221,667	$0	6.20%
TRENTON-PRINCETON, NJ (FHA\|USDA\|VA)	3	$665,000	$221,667	$0	5.86%
ROCHESTER, NY (FHA\|USDA\|VA)	3	$625,000	$208,333	$0	3.81%
ALBANY-SCHENECTADY-TROY, NY (FHA\|USDA\|VA)	5	$625,000	$125,000	$0	4.45%
READING, PA (FHA\|USDA\|VA)	3	$595,000	$198,333	$0	5.71%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	3	$575,000	$191,667	$0	4.62%
Mount Vernon, OH (FHA\|USDA\|VA)	1	$575,000	$575,000	$0	9.63%
SPARTANBURG, SC (FHA\|USDA\|VA)	2	$570,000	$285,000	$0	7.27%
BURLINGTON, NC (FHA\|USDA\|VA)	4	$570,000	$142,500	$0	5.88%
SALISBURY, MD-DE (FHA\|USDA\|VA)	2	$540,000	$270,000	$0	3.88%
Newport, OR (FHA\|USDA\|VA)	2	$540,000	$270,000	$0	4.34%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	4	$520,000	$130,000	$0	4.87%
LANCASTER, PA (FHA\|USDA\|VA)	3	$515,000	$171,667	$0	4.35%
LEXINGTON-FAYETTE, KY (FHA\|USDA\|VA)	1	$495,000	$495,000	$0	6.00%
GAINESVILLE, GA (FHA\|USDA\|VA)	2	$490,000	$245,000	$0	6.21%
LYNCHBURG, VA (FHA\|USDA\|VA)	2	$490,000	$245,000	$0	7.55%
ROCKY MOUNT, NC (FHA\|USDA\|VA)	2	$490,000	$245,000	$0	8.03%
BILLINGS, MT (FHA\|USDA\|VA)	3	$485,000	$161,667	$0	6.10%
SPRINGFIELD, MO (FHA\|USDA\|VA)	3	$465,000	$155,000	$0	4.29%
YUMA, AZ (FHA\|USDA\|VA)	4	$440,000	$110,000	$0	5.02%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	3	$435,000	$145,000	$0	5.19%
Durango, CO (FHA\|USDA\|VA)	1	$425,000	$425,000	$0	3.14%
GREENSBORO-HIGH POINT, NC (FHA\|USDA\|VA)	3	$425,000	$141,667	$0	4.96%
Augusta-Waterville, ME (FHA\|USDA\|VA)	2	$410,000	$205,000	$0	5.28%
Kerrville, TX (FHA\|USDA\|VA)	2	$410,000	$205,000	$0	4.82%
SOUTH BEND-MISHAWAKA, IN-MI (FHA\|USDA\|VA)	3	$405,000	$135,000	$0	5.17%
GRAND RAPIDS-KENTWOOD, MI (FHA\|USDA\|VA)	2	$380,000	$190,000	$0	8.00%
Washington, NC (FHA\|USDA\|VA)	2	$370,000	$185,000	$0	3.39%
Pullman, WA (FHA\|USDA\|VA)	1	$355,000	$355,000	$0	3.43%
BANGOR, ME (FHA\|USDA\|VA)	1	$355,000	$355,000	$0	3.89%
YORK-HANOVER, PA (FHA\|USDA\|VA)	3	$345,000	$115,000	$0	4.84%
West Plains, MO (FHA\|USDA\|VA)	2	$340,000	$170,000	$0	4.98%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	2	$340,000	$170,000	$0	6.84%
RACINE, WI (FHA\|USDA\|VA)	1	$335,000	$335,000	$0	4.08%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA\|USDA\|VA)	2	$330,000	$165,000	$0	3.73%
FLORENCE-MUSCLE SHOALS, AL (FHA\|USDA\|VA)	2	$330,000	$165,000	$0	7.50%
Lebanon, NH-VT (FHA\|USDA\|VA)	2	$310,000	$155,000	$0	4.43%
WILMINGTON, NC (FHA\|USDA\|VA)	2	$310,000	$155,000	$0	4.51%
Shelby, NC (FHA\|USDA\|VA)	2	$310,000	$155,000	$0	4.69%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	2	$300,000	$150,000	$0	4.73%
BRUNSWICK, GA (FHA\|USDA\|VA)	2	$300,000	$150,000	$0	7.54%
LUBBOCK, TX (FHA\|USDA\|VA)	3	$295,000	$98,333	$0	5.64%
Pottsville, PA (FHA\|USDA\|VA)	1	$295,000	$295,000	$0	9.73%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	2	$290,000	$145,000	$0	5.69%
MUSKEGON, MI (FHA\|USDA\|VA)	1	$285,000	$285,000	$0	3.64%
Brenham, TX (FHA\|USDA\|VA)	1	$285,000	$285,000	$0	3.53%
Tullahoma-Manchester, TN (FHA\|USDA\|VA)	1	$285,000	$285,000	$0	3.70%
HARRISONBURG, VA (FHA\|USDA\|VA)	2	$270,000	$135,000	$0	6.34%
CALIFORNIA-LEXINGTON PARK, MD (FHA\|USDA\|VA)	1	$265,000	$265,000	$0	3.80%
Elizabeth City, NC (FHA\|USDA\|VA)	1	$265,000	$265,000	$0	4.84%
Somerset, KY (FHA\|USDA\|VA)	1	$265,000	$265,000	$0	4.14%
Corning, NY (FHA\|USDA\|VA)	1	$265,000	$265,000	$0	3.18%
Show Low, AZ (FHA\|USDA\|VA)	2	$260,000	$130,000	$0	9.73%
Sterling, CO (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	4.75%
Brookings, OR (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	4.62%
Eureka-Arcata, CA (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	9.63%
Concord, NH (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	3.97%
KALAMAZOO-PORTAGE, MI (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	3.53%
Hailey, ID (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	9.76%
Big Stone Gap, VA (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	7.50%
Barre, VT (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	4.68%
AMARILLO, TX (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	9.24%
LAKE CHARLES, LA (FHA\|USDA\|VA)	2	$240,000	$120,000	$0	5.44%
EAST STROUDSBURG, PA (FHA\|USDA\|VA)	2	$240,000	$120,000	$0	6.65%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	2	$240,000	$120,000	$0	7.32%
Granbury, TX (FHA\|USDA\|VA)	1	$235,000	$235,000	$0	8.00%
ELIZABETHTOWN-FORT KNOX, KY (FHA\|USDA\|VA)	3	$235,000	$78,333	$0	4.89%
Jefferson, GA (FHA\|USDA\|VA)	1	$235,000	$235,000	$0	3.79%
WACO, TX (FHA\|USDA\|VA)	1	$235,000	$235,000	$0	3.42%
YAKIMA, WA (FHA\|USDA\|VA)	1	$235,000	$235,000	$0	2.96%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA\|USDA\|VA)	2	$220,000	$110,000	$0	4.13%
Newport, TN (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	5.67%
Craig, CO (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	9.37%
HANFORD-CORCORAN, CA (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	9.50%
MERCED, CA (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	9.63%
Ellensburg, WA (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	3.73%
SYRACUSE, NY (FHA\|USDA\|VA)	2	$210,000	$105,000	$0	4.91%
Bennington, VT (FHA\|USDA\|VA)	2	$210,000	$105,000	$0	4.76%
LEBANON, PA (FHA\|USDA\|VA)	1	$205,000	$205,000	$0	7.12%
FORT WAYNE, IN (FHA\|USDA\|VA)	1	$195,000	$195,000	$0	5.19%
Red Bluff, CA (FHA\|USDA\|VA)	1	$195,000	$195,000	$0	4.75%
Cullman, AL (FHA\|USDA\|VA)	1	$195,000	$195,000	$0	6.55%
ITHACA, NY (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	5.02%
Burley, ID (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	3.70%
Moses Lake, WA (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	9.24%
ANN ARBOR, MI (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	5.12%
Crossville, TN (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	5.26%
Hermiston-Pendleton, OR (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	3.18%
Ontario, OR-ID (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	6.55%
Fairmont, MN (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	5.15%
KINGSPORT-BRISTOL, TN-VA (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	6.08%
HUNTSVILLE, AL (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	9.63%
Pinehurst-Southern Pines, NC (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	6.55%
Crescent City, CA (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	3.06%
SEBRING-AVON PARK, FL (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	3.83%
Morehead City, NC (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	4.37%
Athens, TX (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	5.80%
GULFPORT-BILOXI, MS (FHA\|USDA\|VA)	2	$160,000	$80,000	$0	4.61%
Safford, AZ (FHA\|USDA\|VA)	2	$160,000	$80,000	$0	7.45%
Cornelia, GA (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	5.80%
WINCHESTER, VA-WV (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	3.92%
CLEVELAND, TN (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	5.12%
ROANOKE, VA (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	3.56%
JACKSON, MI (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	4.50%
Cedartown, GA (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	4.41%
Bartlesville, OK (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	4.37%
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	3.35%
Rockport, TX (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	5.81%
GADSDEN, AL (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	7.61%
Cadillac, MI (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	3.06%
Sandusky, OH (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	4.21%
WICHITA FALLS, TX (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	9.63%
Warsaw, IN (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	3.25%
Shawnee, OK (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	5.05%
Sturgis, MI (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	9.63%
TALLAHASSEE, FL (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	9.86%
UTICA-ROME, NY (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	5.25%
AUBURN-OPELIKA, AL (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	8.63%
BLOOMSBURG-BERWICK, PA (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	9.24%
DOTHAN, AL (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	4.14%
DULUTH, MN-WI (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	3.92%
Seymour, IN (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	3.61%
DALTON, GA (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	8.25%
OSHKOSH-NEENAH, WI (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	3.88%
Berlin, NH (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	5.15%
STATE COLLEGE, PA (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	3.64%
Carlsbad-Artesia, NM (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	3.31%
MICHIGAN CITY-LA PORTE, IN (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	4.41%
Auburn, IN (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	3.53%
JACKSON, TN (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	3.61%
Rock Springs, WY (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	4.50%
LAS CRUCES, NM (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	8.00%
Richmond-Berea, KY (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	4.54%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	3.73%
New Castle, IN (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	5.56%
Mount Vernon, IL (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	5.19%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	9.50%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	3.88%
Lexington, NE (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	4.12%
Lewistown, PA (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	3.93%
Durant, OK (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	5.09%
WARNER ROBINS, GA (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	9.60%
Fallon, NV (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	5.81%
Price, UT (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	5.30%
Kinston, NC (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	4.94%
DAYTON-KETTERING, OH (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	3.83%
TOLEDO, OH (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	4.08%
VALDOSTA, GA (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	7.75%
Palestine, TX (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	5.13%
BINGHAMTON, NY (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	5.45%
ROCKFORD, IL (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	4.14%
OWENSBORO, KY (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	3.67%
Columbus, MS (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	4.21%
LAFAYETTE, LA (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	5.93%
JANESVILLE-BELOIT, WI (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	5.93%
Hutchinson, KS (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	6.05%
CHAMPAIGN-URBANA, IL (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	4.23%
Danville, KY (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	5.47%
BATTLE CREEK, MI (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	5.93%
WICHITA, KS (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	4.36%
BAY CITY, MI (FHA\|USDA\|VA)	1	$25,000	$25,000	$0	6.83%

Reverse Mortgage Funding's top markets include Los Angeles, San Francisco, San Diego, Phoenix, and Riverside among others.

Their top states include:

California (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Utah (FHA|USDA|VA)

Colorado (FHA|USDA|VA)

Arizona (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
FHA	3,302	$1,049,430,000	$317,816	$0	4.16%
HELOC	1,263	$666,075,000	$527,375	n/a	8.42%
Reverse Mortgage	823	$412,275,000	$500,942	$0	8.08%
FHA	198	$59,680,000	$301,414	$0	4.06%

For 2022, Reverse Mortgage Funding's most frequently originated type of loan was FHA, with 3,302 originations. Their 2nd most popular type was HELOC, with 1,263 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	4,862	$1,929,690,000	$396,892	$0	5.71%
Home Improvement	491	$192,125,000	$391,293	$0	5.58%
Home Purchase	233	$65,645,000	$281,738	$0	5.66%

For 2022, Reverse Mortgage Funding's most frequently cited loan purpose was Refi, with 4,862 originations. The 2nd most popular reason was Home Improvement, with 491 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	5,586	$2,187,460,000	$391,597	$0	5.70%

For 2022, Reverse Mortgage Funding's most frequently cited loan duration was Other, with 5,586 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	1,924	$664,840,000	$345,551
Over 8%	1,157	$501,465,000	$433,418
5-6%	871	$302,075,000	$346,814
4-5%	779	$259,825,000	$333,537
7-8%	520	$271,040,000	$521,231
6-7%	307	$177,715,000	$578,876
2.5-3%	28	$10,500,000	$375,000

During 2022, Reverse Mortgage Funding's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 1,924 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	2,413	$693,845,000	$287,545	$0	5.44%
$400k-600k	1,170	$573,530,000	$490,197	$0	4.83%
$100k-200k	1,169	$182,505,000	$156,121	$0	6.11%
$600k-1MM	472	$356,250,000	$754,767	$0	7.18%
$1MM+	242	$371,650,000	$1,535,744	$0	7.55%
$100,000 or less	120	$9,680,000	$80,667	$0	5.77%

2022 saw Reverse Mortgage Funding place emphasis on $200k-400k loans with 2,413 originations, totaling $693,845,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	4,535	$1,632,235,000	$359,920	$0	5.67%
$50k-75k	626	$291,660,000	$465,911	$0	5.76%
$75k-100k	150	$79,960,000	$533,067	$0	5.83%
$100k-150k	63	$46,655,000	$740,556	$0	6.45%
$150k-250k	33	$25,475,000	$771,970	$0	5.86%
$250k+	4	$7,160,000	$1,790,000	$0	7.75%

Reverse Mortgage Funding lent most frequently to those with incomes in the $50k or less range, with 4,535 originations. The second most popular income band? $50k-75k, with 626 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	4,593	$1,767,985,000	$384,930	$0	5.66%
Not provided	602	$258,950,000	$430,150	$0	5.84%
Black	271	$95,965,000	$354,114	$0	5.93%
Asian	63	$39,115,000	$620,873	$0	6.43%
Native Hawaiian or Islander	18	$10,000,000	$555,556	$0	6.16%
American Indian	12	$4,010,000	$334,167	$0	5.83%
Filipino	8	$3,630,000	$453,750	$0	4.59%
Japanese	7	$2,645,000	$377,857	$0	5.09%
Chinese	4	$1,460,000	$365,000	$0	4.66%
Asian Indian	3	$1,415,000	$471,667	$0	3.63%
	2	$920,000	$460,000	$0	4.39%
Other Asian	2	$790,000	$395,000	$0	6.90%
Other Pacific Islander	1	$575,000	$575,000	$0	3.43%

Approval Rates

Total approvals of all applications
82.86%

Reverse Mortgage Funding has a below average approval rate.

Pick Rate

Approvals leading to origination
68.67%

Reverse Mortgage Funding has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	5,586	$2,187,460,000	$391,597

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	5,586	$2,187,460,000	$391,597

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	255	$94,395,000	$370,176	$0	5.99%
40-60%	4,368	$1,655,770,000	$379,068	$0	5.86%
60-80%	947	$430,805,000	$454,916	$0	4.89%
Under 20%	16	$6,490,000	$405,625	$0	4.66%