K. Hovnanian American Mortgage · Florida · 2025

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

K. Hovnanian American Mortgage took 515 mortgage applications in Florida in 2025, ranking #238 of 1,993 lenders active in the state. It originated 66.6% of them and denied 16.3% (19.7% of the applications it decided), against a statewide denial rate of 21.1%.

515Applicationsin FL
19.7%Decision denial ratestate 27.2%
5.75%Median ratestate 6.63%
$355,000Median loanstate $255,000
$130MVolume10 counties

K. Hovnanian American Mortgage in Florida vs the state

16.3%Denial rate-4.75 pts vs state
19.7%Decision denial rate-7.57 pts vs state
66.6%Origination rate+13.91 pts vs state
5.75%Median rate-0.88 pts vs state
-0.53Rate spread (pts)-0.80 pts vs state
$115kMedian applicant income
343Loans originated
84Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
202337221315.9%6.50%#279
202455232918.1%6.50%#229
202551534316.3%5.75%#238

What K. Hovnanian American Mortgage lends in Florida

By loan purpose

Home purchase 515 100% · 16.3% denied

By loan type

Conventional 297 58% · 15.2% denied
FHA 174 34% · 20.7% denied
VA 44 9% · 6.8% denied

Why it denied Florida applicants

Debt-to-income ratio 61 73%
Credit history 8 10%
Other 8 10%
Insufficient cash 3 4%
Employment history 3 4%
Incomplete application 1 1%

Where in Florida

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

CountyApplicationsOriginatedDeniedDenial rate
St. Lucie County 1317331 23.7%
Orange County 1026418 17.6%
Brevard County 886413 14.8%
Marion County 775014 18.2%
Martin County 60445 8.3%
Flagler County 33271 3.0%
Osceola County 13120 0.0%
Citrus County 871 12.5%
Seminole County 211 50.0%
Polk County 110 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 515 applications in 2025, of which 343 were originated and 84 denied.

16.3% of all applications, or 19.7% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans K. Hovnanian American Mortgage originated in Florida in 2025 was 5.75%, against a statewide median of 6.63%.

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