K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. closing costs and rates (2024)
In 2024, K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. originated 3,443 purchase mortgages at a median interest rate of 6.12% and median total closing costs of $7,734. That ranks #137 nationally by origination volume. For total closing costs among lenders with 500+ originations, K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. ranks #424. That is $993 above the national median of $6,741. K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. is most active in Texas with 956 originations there.
Purchase Originations
3,443
Ranked #137 nationally
Median Total Costs
$7,734
+14.7% vs national ($6,741)
Median Rate
6.125%
−7.5% vs national (6.620%)
Median Origination
$1,700
Median Lender Credits
$30
Cost Rank (500+ vol.)
#424
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 2,086 | 6.490% | $6,212 | $1,700 |
| fha | 963 | 5.500% | $14,347 | $3,115 |
| va | 391 | 5.875% | $3,774 | $0 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 956 | 6.125% | $8,921 | #68 |
| California | 560 | 5.750% | $11,503 | #67 |
| Arizona | 434 | 5.500% | $11,623 | #44 |
| Florida | 293 | 6.500% | $7,207 | #132 |
| Delaware | 271 | 6.750% | $5,940 | #11 |
| New Jersey | 251 | 6.875% | $6,332 | #57 |
| Virginia | 193 | 6.500% | $6,451 | #88 |
| Maryland | 168 | 6.500% | $6,212 | #73 |
| Ohio | 136 | 6.125% | $6,128 | #116 |
| South Carolina | 127 | 6.625% | $5,242 | #99 |
| West Virginia | 53 | 6.500% | $6,963 | #48 |
| Georgia | 1 | 6.625% | $23,895 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,319 | 6.625% | — | 59 | −$2,415 | |
| 2 | $5,712 | 6.500% | — | 101 | −$2,022 | |
| 3 | $5,722 | 6.750% | — | 78 | −$2,012 | |
| 4 | $5,921 | 6.875% | — | 141 | −$1,813 | |
| 5 | $6,073 | 6.625% | — | 60 | −$1,661 | |
| 6 | $6,091 | 6.562% | — | 70 | −$1,643 | |
| 7 | $6,317 | 6.750% | — | 97 | −$1,417 | |
| 8 | $6,343 | 6.875% | — | 102 | −$1,391 | |
| 9 | $6,812 | 6.875% | — | 95 | −$922 | |
| 10 | $7,067 | 6.500% | — | 117 | −$667 | |
| 11 | $8,502 | 5.933% | — | 96 | +$768 | |
| 12 | $8,748 | 6.125% | — | 105 | +$1,014 | |
| 13 | $9,737 | 6.000% | — | 81 | +$2,003 | |
| 14 | $9,811 | 5.990% | — | 227 | +$2,077 | |
| 15 | $10,107 | 5.990% | — | 65 | +$2,373 | |
| 16 | $10,179 | 5.125% | — | 147 | +$2,445 | |
| 17 | $10,623 | 6.250% | — | 110 | +$2,889 | |
| 18 | $11,621 | 5.500% | — | 343 | +$3,887 | |
| 19 | $11,684 | 5.490% | — | 91 | +$3,950 | |
| 20 | $12,077 | 5.750% | — | 95 | +$4,343 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.