3.99% (4.61% APR) Fixed Rate!*
On New Contracts Signed by September 30, 2024
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With our fixed-rate mortgage offering, we can lock in your payments for the life of your loan. Or take advantage of our flex cash options to reduce your home price, closing costs, options, or upgrades. Contact a Sales Consultant today!
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  • K. HOVNANIAN® HOMES

    Financial Services

K. Hovnanian® American Mortgage, LLC™

K. Hovnanian® American Mortgage, LLC™ is uniquely positioned to help make your dream of homeownership a reality for you and your family.

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Eastern National Title Agency

Eastern National Title Agency is a full-service Title agency of the country's largest and most highly-rated Title Insurance Underwriters.

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Hovnanian Insurance Agency, LLC

Hovnanian Insurance Agency, LLC offers a simple way to insure your K.Hovnanian home by offering a tailored policy

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AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT

This is to give you notice that Seller has a business relationship with K. Hovnanian American Mortgage, L.L.C. (“Lender”). The nature of the business relationship is that Seller and Lender are corporate affiliates, each being 100% wholly owned by, or by a subsidiary of, Hovnanian Enterprises, Inc. Because of this relationship, this referral may provide the Seller a financial or other benefit.

Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider(s) as a condition for purchase of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.

Lender
Settlement Services Charge or Range of Charges
Origination Fee $0 to 2% of loan amount
Discount Fee $0 to 4% of loan amount
Application Fee Up to $1,695.00 (Only in NJ and Veteran Affairs loans)
Underwriting Fee Up to $800.00 (Except in NJ and Veteran Affair loans)
Processing Fee Up to $800.00 (Except in NJ and Veteran Affair loans)
Appraisal Fee $520.00 to $2,000.00
Credit Report Fee $195.00 to $390.00
Final Inspection Fee $180.00 to $350.00
Flood Certification $11.75
Tax Service Fee $0 to $87.00
Courier Fee $45.00 (Except in NJ and Veteran Affair loans)
Administration Fee $55.00 (Except in NJ and Veteran Affair loans)

 


ACKNOWLEDGEMENT
By clicking below, I/we acknowledge we have read the disclosure form and understand that Seller is referring me to purchase the above-described settlement services and may receive a financial or other benefit as the result of this referral.


I Acknowledge

AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT

This is to give you notice that Seller has a business relationship with Eastern National Title Agency, Inc., Eastern National Abstract, Inc., Eastern National Title Agency Arizona, LLC, Eastern National Title Agency Florida, LLC, Eastern National Title Agency Illinois, LLC, Eastern National Title Agency Maryland, LLC, Eastern National Title Agency Texas, Inc. and Eastern National Title Agency Virginia, Inc. (collectively, “Title Company”). The nature of the business relationship is that Seller and Title Company are corporate affiliates, each being 100% wholly owned by, or by a subsidiary of Hovnanian Enterprises, Inc. Because of this relationship, this referral may provide the Seller a financial or other benefit.


Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider(s) as a condition for purchase of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.



TITLE COMPANY
Issuance of Policies
For issuance of the Owner’s and Loan Policies, when issued simultaneously, the premiums are:
Owner's Policy $0-$10,000.00*
Lender's Policy-Simultaneous $25.00-$2,000.00*
   
Title Services Charge or Range of Charges
Escrow/Settlement Fee $400.00 - $2,000.00*
Funds Escrow Services $200.00-$850.00
Second Mortgage Escrow Settlement Fee $100.00-$300.00
Other Title and Closing Related Fees $16.00-$200.00
Delivery Fees $25.00 - $150.00
Title Search/Exam $75.00 - $300.00
Closing Service Letter $20.00 - $125.00
Chain of Title $150.00 - $250.00
ALTA Endorsements $25.00 - $175.00
Government Fees $3.00-$50.00
Policy Update Fee $50 - $125.00
Additional Endorsements Required by Lender 5-15% of the Basic Premium Rate
Additional Searches $25.00-$700.00

* Could increase in some states depending on Purchase Price. Please reach out to our local Title Company for the applicable rates in your state.

ACKNOWLEDGMENT
By clicking below, I/we acknowledge we have read the disclosure form and understand that Seller is referring me to purchase the above-described settlement services and may receive a financial or other benefit as the result of this referral.


I Acknowledge

AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT

This is to give you notice that Seller has a business relationship with Hovnanian Insurance Agency, LLC ("Insurance Agency"). The nature of the business relationship is that the Insurance Agency has a contractual relationship with an entity that is affiliated with the Seller. Because of this relationship, this referral may provide the Seller a financial or other benefit.

Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider(s) as a condition for purchase of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.

Insurance Agency
Settlement Service Range of Charges (Annual Premium)
Homeowner's / Hazard Insurance 0.2% - 2.5% of purchase price amount
Flood Insurance 0.1% - 0.5% of purchase price amount

NOTE: If enhancements to the standard policy such as increased limits, scheduled articles, and/or earthquake coverage are required, the premium may increase the percentages listed above. Actual quote and acceptance by the Insurance Agency is subject to the Insurance Agency's underwriting guidelines, including but not limited to verification of your credit score and previous loss history. The cost of your insurance may vary due to many factors including, without limitation, the size, location and cost of your home.

I Acknowledge
*The mortgage calculator is for informational purposes only and provides monthly payment approximations. Interest rates are hypothetical. Your interest rate may be higher or lower based on individual circumstances. For information about market rate trends, visit https://www2.optimalblue.com/obmmi/. On select inventory homes with new contracts signed on or after 7/22/24, but no later than 9/30/24 and close on or before 10/31/24.  An example interest rate of 3.99% (4.61% APR) for an owner-occupied, 20% down payment FHA loan. Example: 3.99% (4.61% APR) 30 Year Fixed FHA mortgage, sales price of $457,000, and loan amount of $367,317. Sales price used for comparative purposes is an estimated sales price and not associated with a specific home or location. Special Interest Rate Financing may change or not be available or funds may be exhausted at the time of loan commitment, lock-in or closing. This is a limited time promotion. Mortgage Insurance Premium (MIP) is required at an upfront rate of 1.75% and is financed, in addition to monthly MIP at the required annual rate. Flood insurance may be required. This offer may change or be cancelled without prior notice. Seller is not acting on behalf of or at the direction of HUD/FHA or the Federal government. Seller is not a lender. Buyer is not required to finance through K. Hovnanian American Mortgage, L.L.C. (“KHAM”) to purchase a home; however, financing through KHAM is required to receive incentive. Offer and subject to all RESPA guidelines. This is not a commitment to lend. Buyer is subject to credit and underwriting qualifications, and investor program guidelines. Not available on all homes or in all communities or states. For information about market rate trends, visit https://www2.optimalblue.com/obmmi/. Optimal Blue, LLC is and shall remain the exclusive owner, all rights reserved. Cannot be combined with any other discounts, promotions, or incentives. Not all borrowers will qualify. Restrictions apply. See Sales Consultant for details. Equal Housing Opportunity. K. Hovnanian's Four Seasons communities are intended to provide housing primarily for residents 55 years of age or older. Additional restrictions, including limitations on the ages of additional permanent and temporary residents of a home, may apply. All K. Hovnanian's Four Seasons communities shall be operated as age-restricted communities in compliance with all applicable local, state, and federal laws. Limited exceptions for residents 50 years of age or older may apply. Subject to final contract terms. K. Hovnanian American Mortgage, L.L.C. 3601 Quantum Boulevard, Boynton Beach, FL 33426. NMLS #3259 (www.nmlsconsumeraccess.org). Licensed by Arizona Department of Insurance and Financial Institutions. Lic. #906585. K. Hovnanian Arizona Operations, LLC; ROC 188563. Licensed by California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Lic. #4130532. Real Estate Agents Welcome! A Real Estate Agent must register their client in person on client's first visit at each community for the Agent to receive a commission or referral fee, or register their client in advance using the Rapid Registration form available by calling (530) 290-1697 or by emailing NoCal@khovhomes.pure.cloud. Registration is valid for 30 days. K. Hovnanian California Operations, Inc. DRE license number 01183847. See a Sales Consultant for full details. Licensed by Delaware Office of the State Bank Commissioner to engage in business in this State. Lic. #7864 Expiration 12/31/2024. Licensed by the District of Columbia Department of Insurance, Securities and Banking. Licensed by Florida Office of Financial Regulation. Licensed by the Georgia Department of Banking and Finance #22272. Licensed by the Maryland Office of the Commissioner of Financial Regulation. Licensed by New Jersey Department of Banking and Insurance. Licensed by Ohio Division of Financial Institutions. Lic. RM.850228.000. Licensed by the Pennsylvania Department of Banking and Securities. Licensed by South Carolina Board of Financial Institutions. Mortgage Banker Registration issued by Texas Department of Savings and Mortgage Lending. Licensed by Virginia State Corporation Commission, Bureau of Financial Institutions Lic.#MC-2661. Licensed by the West Virginia Division of Financial Institutions. Illinois: For licensing information, go to www.nmlsconsumeraccess.org.