K. Hovnanian American Mortgage · Maryland · 2025

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

K. Hovnanian American Mortgage took 313 mortgage applications in Maryland in 2025, ranking #123 of 810 lenders active in the state. It originated 74.1% of them and denied 9.9% (11.8% of the applications it decided), against a statewide denial rate of 18.8%.

313Applicationsin MD
11.8%Decision denial ratestate 24.1%
6.63%Median ratestate 6.63%
$495,000Median loanstate $265,000
$112MVolume5 counties

K. Hovnanian American Mortgage in Maryland vs the state

9.9%Denial rate-8.90 pts vs state
11.8%Decision denial rate-12.34 pts vs state
74.1%Origination rate+18.41 pts vs state
6.63%Median rate0.00 pts vs state
0.33Rate spread (pts)+0.08 pts vs state
$182kMedian applicant income
232Loans originated
31Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202320912814.8%6.99%#135
202427318016.5%6.63%#120
20253132329.9%6.63%#123

What K. Hovnanian American Mortgage lends in Maryland

By loan purpose

Home purchase 313 100% · 9.9% denied

By loan type

Conventional 219 70% · 7.8% denied
FHA 62 20% · 21.0% denied
VA 32 10% · 3.1% denied

Why it denied Maryland applicants

Debt-to-income ratio 20 65%
Employment history 4 13%
Other 3 10%
Insufficient cash 2 6%
Credit history 1 3%
Unverifiable information 1 3%

Where in Maryland

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

CountyApplicationsOriginatedDeniedDenial rate
Queen Anne's County 1241082 1.6%
Prince George's County 77538 10.4%
Frederick County 563810 17.9%
Baltimore city 553211 20.0%
Talbot County 110 0.0%

Other large lenders in Maryland

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 12,80616.8%6.63%
Navy Federal Credit UnionD 11,43623.0%8.00%
United Shore Financial ServicesB 9,30716.0%6.13%
Truist BankC 6,55934.9%6.49%
Bank of AmericaF 6,05135.8%6.24%
NewrezD 5,73921.0%6.63%
State Employees Credit Union of MarylandD 5,62444.6%6.25%
PNC BankD 5,58228.0%7.41%
Manufacturers and Traders TrustC 5,49732.0%5.99%
Pennymac Loan ServicesC 5,41112.4%6.49%

Frequently asked questions

Maryland: 313 applications in 2025, of which 232 were originated and 31 denied.

9.9% of all applications, or 11.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans K. Hovnanian American Mortgage originated in Maryland 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 Maryland, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology