K. Hovnanian American Mortgage · Ohio · 2025

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

K. Hovnanian American Mortgage took 309 mortgage applications in Ohio in 2025, ranking #188 of 1,092 lenders active in the state. It originated 79.9% of them and denied 7.8% (8.9% of the applications it decided), against a statewide denial rate of 17.7%.

309Applicationsin OH
8.9%Decision denial ratestate 21.9%
5.99%Median ratestate 6.88%
$325,000Median loanstate $155,000
$77MVolume11 counties

K. Hovnanian American Mortgage in Ohio vs the state

7.8%Denial rate-9.92 pts vs state
8.9%Decision denial rate-13.03 pts vs state
79.9%Origination rate+20.04 pts vs state
5.99%Median rate-0.88 pts vs state
-0.36Rate spread (pts)-0.74 pts vs state
$116kMedian applicant income
247Loans originated
24Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313110311.5%6.50%#271
202420313812.3%6.13%#216
20253092477.8%5.99%#188

What K. Hovnanian American Mortgage lends in Ohio

By loan purpose

Home purchase 309 100% · 7.8% denied

By loan type

Conventional 174 56% · 5.8% denied
FHA 99 32% · 8.1% denied
VA 36 12% · 16.7% denied

Why it denied Ohio applicants

Debt-to-income ratio 19 79%
Credit history 3 13%
Other 1 4%
Insufficient cash 1 4%

Where in Ohio

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

CountyApplicationsOriginatedDeniedDenial rate
Lorain County 70554 5.7%
Summit County 51377 13.7%
Stark County 43364 9.3%
Lake County 38313 7.9%
Wood County 25220 0.0%
Lucas County 22190 0.0%
Delaware County 17112 11.8%
Cuyahoga County 13112 15.4%
Erie County 13120 0.0%
Knox County 1090 0.0%

Other large lenders in Ohio

LenderGradeApplicationsDenial rateMedian rate
The Huntington National BankD 42,68325.8%7.59%
Rocket MortgageC 23,16518.5%6.63%
Fifth Third BankD 21,93925.6%7.50%
Crosscountry MortgageB 16,0663.1%6.75%
United Shore Financial ServicesB 14,62613.1%6.45%
Third Federal Savings and Loan Association of ClevelandC 12,62223.0%6.74%
PNC BankD 11,60724.6%7.40%
Wright-Patt Credit UnionC 8,79128.1%7.50%
U.S. BankD 8,62338.0%7.60%
Citizens BankC 7,77524.3%7.65%

Frequently asked questions

Ohio: 309 applications in 2025, of which 247 were originated and 24 denied.

7.8% of all applications, or 8.9% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans K. Hovnanian American Mortgage originated in Ohio in 2025 was 5.99%, against a statewide median of 6.88%.

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