K. Hovnanian American Mortgage · California · 2025

K. Hovnanian American Mortgage in California: approval rate, denial rate and rates (2025)

K. Hovnanian American Mortgage took 902 mortgage applications in California in 2025, ranking #187 of 1,147 lenders active in the state. It originated 76.1% of them and denied 9.9% (11.5% of the applications it decided), against a statewide denial rate of 17.4%.

902Applicationsin CA
11.5%Decision denial ratestate 22.4%
4.99%Median ratestate 6.63%
$515,000Median loanstate $385,000
$346MVolume12 counties

K. Hovnanian American Mortgage in California vs the state

9.9%Denial rate-7.55 pts vs state
11.5%Decision denial rate-10.92 pts vs state
76.1%Origination rate+19.85 pts vs state
4.99%Median rate-1.63 pts vs state
-1.11Rate spread (pts)-1.39 pts vs state
$139kMedian applicant income
686Loans originated
89Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237485347.8%5.50%#165
20247785999.5%5.75%#188
20259026869.9%4.99%#187

What K. Hovnanian American Mortgage lends in California

By loan purpose

Home purchase 902 100% · 9.9% denied

By loan type

Conventional 464 51% · 9.1% denied
FHA 339 38% · 11.8% denied
VA 99 11% · 7.1% denied

Why it denied California applicants

Debt-to-income ratio 65 73%
Credit history 11 12%
Other 8 9%
Employment history 3 3%
Insufficient cash 1 1%
Unverifiable information 1 1%

Where in California

Counties with the most K. Hovnanian American Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sacramento County 21717514 6.5%
Kern County 17813020 11.2%
San Joaquin County 122949 7.4%
Los Angeles County 795514 17.7%
Solano County 66514 6.1%
Fresno County 54395 9.3%
San Bernardino County 54433 5.6%
Yuba County 42336 14.3%
Riverside County 39296 15.4%
Sutter County 29214 13.8%

Other large lenders in California

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 79,26112.6%6.49%
Rocket MortgageC 58,92517.6%6.75%
Bank of AmericaF 40,19030.8%5.99%
U.S. BankD 32,49331.6%6.50%
JPMorgan Chase BankB 22,0489.7%6.13%
Spring EqD 21,60150.8%8.88%
SchoolsfirstA 19,08610.0%6.25%
Pennymac Loan ServicesC 18,75413.5%6.50%
NewrezD 17,00019.3%6.63%
Loandepot.ComD 16,64518.7%6.63%

Frequently asked questions

California: 902 applications in 2025, of which 686 were originated and 89 denied.

9.9% of all applications, or 11.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans K. Hovnanian American Mortgage originated in California in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are K. Hovnanian American Mortgage's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology