K. Hovnanian American Mortgage in Virginia vs the state
14.6%Denial rate-1.31 pts vs state
18.4%Decision denial rate-1.86 pts vs state
64.9%Origination rate+5.37 pts vs state
6.25%Median rate-0.38 pts vs state
0.07Rate spread (pts)-0.16 pts vs state
$152kMedian applicant income
244Loans originated
55Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 275 | 161 | 13.8% | 6.75% | #155 |
| 2024 | 323 | 202 | 17.7% | 6.50% | #149 |
| 2025 | 376 | 244 | 14.6% | 6.25% | #136 |
What K. Hovnanian American Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most K. Hovnanian American Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Spotsylvania County | 136 | 81 | 24 | 17.6% |
| Loudoun County | 79 | 58 | 7 | 8.9% |
| Fairfax County | 67 | 44 | 6 | 9.0% |
| Orange County | 46 | 34 | 8 | 17.4% |
| Stafford County | 32 | 17 | 8 | 25.0% |
| Greene County | 16 | 10 | 2 | 12.5% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 376 applications in 2025, of which 244 were originated and 55 denied.
14.6% of all applications, or 18.4% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans K. Hovnanian American Mortgage originated in Virginia in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are K. Hovnanian American Mortgage's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology