K. Hovnanian American Mortgage in Delaware vs the state
6.5%Denial rate-11.62 pts vs state
7.6%Decision denial rate-15.12 pts vs state
79.3%Origination rate+20.11 pts vs state
6.63%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.01 pts vs state
$151kMedian applicant income
364Loans originated
30Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 302 | 223 | 5.0% | 6.88% | #36 |
| 2024 | 401 | 314 | 5.7% | 6.88% | #32 |
| 2025 | 459 | 364 | 6.5% | 6.63% | #30 |
What K. Hovnanian American Mortgage lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most K. Hovnanian American Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sussex County | 254 | 200 | 19 | 7.5% |
| New Castle County | 108 | 93 | 3 | 2.8% |
| Kent County | 97 | 71 | 8 | 8.2% |
Other large lenders in Delaware
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 2,381 | 15.5% | 6.88% |
| Wilmington Savings Fund Society | B | 1,801 | 16.6% | 7.25% |
| Citizens Bank | C | 1,633 | 29.3% | 7.65% |
| PNC Bank | D | 1,492 | 25.1% | 7.50% |
| NVR Mortgage Finance | B | 1,414 | 18.7% | 6.63% |
| United Shore Financial Services | B | 1,408 | 13.0% | 6.13% |
| Pike Creek Mortgage Services | B | 1,383 | 2.2% | 6.38% |
| Manufacturers and Traders Trust | C | 1,337 | 32.5% | 5.99% |
| Newrez | D | 1,127 | 18.4% | 6.50% |
| Del-One Federal Credit Union | D | 1,070 | 41.3% | 7.00% |
Frequently asked questions
Delaware: 459 applications in 2025, of which 364 were originated and 30 denied.
6.5% of all applications, or 7.6% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans K. Hovnanian American Mortgage originated in Delaware in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are K. Hovnanian American Mortgage's own HMDA filing for properties located in Delaware, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology