K. Hovnanian American Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
35th15.0% deniedPricingmedian rate spread over APOR, weight 30%
95th-0.26 ptsProcesswithdrawn + incomplete share, weight 15%
56th15.5%Closing coststotal loan costs ÷ loan amount, weight 10%
71st1.80% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 4,613 | 2,988 | 12.6% | 16.2% | 6.49% | $1.3B |
| 2024 | 5,413 | 3,718 | 14.3% | 17.2% | 6.25% | $1.6B |
| 2025 | 5,604 | 4,029 | 12.7% | 15.0% | 5.99% | $1.7B |
What K. Hovnanian American Mortgage 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: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 285 investment properties.
Why K. Hovnanian American Mortgage denies applications
Primary reason reported for each of the 709 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at K. Hovnanian American Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 152 | 38 | 70.8% |
| $50k – $100k | 1,262 | 813 | 24.4% |
| $100k – $150k | 1,723 | 1,277 | 13.0% |
| $150k – $250k | 1,654 | 1,292 | 6.8% |
| Over $250k | 781 | 608 | 7.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 175 | 125 | 19.9% |
| 25–34 | 1,482 | 1,139 | 12.3% |
| 35–44 | 1,401 | 971 | 17.6% |
| 45–54 | 1,014 | 708 | 17.5% |
| 55–64 | 878 | 623 | 14.4% |
| 65–74 | 505 | 362 | 10.4% |
| Over 74 | 149 | 101 | 12.2% |
Where K. Hovnanian American Mortgage lends
13 states and 79 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 1,228 | 820 | 19.6% | 5.88% | #152 |
| California | 902 | 686 | 9.9% | 4.99% | #187 |
| Arizona | 663 | 468 | 12.1% | 4.99% | #94 |
| Florida | 515 | 343 | 16.3% | 5.75% | #238 |
| Delaware | 459 | 364 | 6.5% | 6.63% | #30 |
| New Jersey | 431 | 331 | 8.4% | 6.88% | #132 |
| Virginia | 376 | 244 | 14.6% | 6.25% | #136 |
| Maryland | 313 | 232 | 9.9% | 6.63% | #123 |
| Ohio | 309 | 247 | 7.8% | 5.99% | #188 |
| South Carolina | 205 | 150 | 8.8% | 6.63% | #184 |
| Georgia | 104 | 73 | 14.4% | 6.49% | #330 |
| West Virginia | 96 | 68 | 6.3% | 6.49% | #97 |
Frequently asked questions
K. Hovnanian American Mortgage denied 15.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 35th percentile of mid-size mortgage lenders.
The most common reason K. Hovnanian American Mortgage gave in 2025 was "debt-to-income ratio", cited on 72.9% 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 K. Hovnanian American Mortgage originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -0.26 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 100% of its applications were for home purchases, 0% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 59% conventional, 30% FHA, 11% 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.