CUSTOMERS Come First
Whether you dream about purchasing your first home, or third, we are here to help your homeownership dream become a reality—which is why we’ve made buying a home easier than ever with our leading-edge technology, alleviating piles of traditional paperwork.
When you work with Novus Home Mortgage, you can close on your home simply faster with our digital mortgage application process.
Why Homebuyers Love Working with NOVUS
Buying or refinancing a home is a big decision. You deserve straight answers. No jargon. No guesswork. You get clear explanations, real guidance, and consistent updates from pre-approval through closing.
Your goals, budget, and timeline are unique, so your mortgage should be too. Whether you are exploring:
• Conventional financing
• FHA (Federal Housing Administration) loans
• VA (Department of Veterans Affairs) loans
• USDA (United States Department of Agriculture) loans
• Investment property loans
• Second home loans
• Construction loans
• And more!
We help you compare your options and choose a loan that fits your life.
You should never feel like just another name on a list. With Novus, you get a loan officer who truly listens, cares about your goals, and guides you through every step with clarity and support. We blend personal care with smart technology to make your experience easier long after the closing table.
SPECIAL FINANCING · RATE BUYDOWN
What if this home came with
a lower payment to start?
When the seller, Novus Home Mortgage, or both put money toward a temporary buydown, your monthly payment drops for the first 1 year of the loan, then returns to the full payment. The list price stays the same.
TEMPORARY RATE BUYDOWN FAQs
Answers to the most common questions about temporary rate buydowns, including costs, qualification, loan eligibility, refinancing, and seller contributions.
Novus Home Mortgage contributes up to the amount shown above. The seller then negotiates their share on top. It can also be funded by a builder, or by the buyer. The seller’s portion is agreed per property and written into the contract — it is not automatic and not a standing offer on every home.
Sometimes a seller lists slightly higher to fund their share, and sometimes they fund it out of the existing price. Either way the buyer sees the price and the credit in the contract. What a buydown avoids is a public price reduction, which is why sellers often prefer it.
No. Discount points permanently reduce the note rate for the life of the loan. A temporary buydown leaves the note rate alone and subsidizes the payment for the first year or two from an escrow account. Points cost more; a temporary buydown buys a bigger visible drop for less money, but it does not last.
The full note rate, not the reduced year-one rate. That’s the part people get wrong. A temporary buydown lowers what you pay in the early years; it does not increase how much you can borrow. A permanent buydown does lower the qualifying rate.
Funds left in the buydown escrow are generally applied to the payoff, so the unused portion is not lost. The exact treatment is set by the buydown agreement on your specific loan — ask before you assume.
Conventional, FHA and VA all permit temporary buydowns, subject to program rules and occupancy restrictions. Contribution limits differ by program and by how much you put down. We confirm what a specific file allows before anything goes into a contract.
A price cut moves the monthly payment surprisingly little. The same money aimed at the rate moves it a lot more — so the home reaches buyers who were shopping below the price. It also avoids a public reduction and the days-on-market story that follows one.
That’s exactly what this is for. Put in the list price and the contribution you think the seller would consider, and it shows the payment story you can take to them. For the full picture — net proceeds, price-cut comparison, contribution limits — call and we’ll build it on the actual property.
Learn how to Buy Your First Home
Buying a home is a big step — and I’m here to make it easier. I’ll walk you through your options, answer your questions, and help you find the right loan to fit your life and goals.
Our Services
Home Purchase Loans
Refinancing Options
Personalized Consultations
Loan Program Guidance
In Our Community
Our work doesn’t stop at helping families buy homes—we’re committed to strengthening the places we live and work. From sponsoring youth programs to supporting local charities, we’re proud to give back to our community.
Proudly Giving Back
Local Food Drives
Youth Sports Sponsorships
Estimate your mortgage
See estimated monthly payments based on your loan details. Compare scenarios to find what best fits your budget.
Steps to Easy Home Buying with Novus
Buying a home is a major milestone. You deserve a path to homeownership that feels clear and supported at every step. The Novus Path brings together experienced loan officers, innovative technology, and industry-leading knowledge in both traditional and Non-Qualified Mortgage (Non-QM) lending.
Get Pre-Approved
Explore Your Loan Options
Find the Right Home
Apply and Submit Documents
Processing and Underwriting
Closing, Getting Your Keys, And Beyond
Real Stories from Real Owners
5 gold stars!!! I had a wonderful experience working with Ishmael Patino as my loan officer for the purchase of my new condo. From start to finish, he was professional, knowledgeable, and incredibly communicative. Whenever I had questions, he always made time for me and explained everything thoroughly, making sure I understood each step of the process. What stood out most was how much he genuinely cared. He never made me feel like I was just another transaction or a paycheck. He took his time, treated me with patience and respect, and always made me feel like I was important. The mortgage process can be overwhelming, especially with all the documentation and information the bank requests. There were times when I became frustrated, but Ishmael remained calm, reassuring, and supportive throughout the entire process. His steady demeanor helped keep me grounded and made a stressful experience much easier to navigate. I truly appreciate everything he did, and I will absolutely be recommending him to friends and family. I look forward to working with him again on my next home purchase. If you're looking for someone who is knowledgeable, patient, responsive, and genuinely cares about his clients, I highly recommend Ishmael!
It was a pleasure working with Mr. Patino throughout my loan process. He demonstrated exceptional professionalism, dedication, and attention to detail from start to finish. He was always attentive, responsible, and proactive, ensuring that every document was reviewed and processed quickly to keep the transaction moving forward. What stood out most was his ability to manage the process efficiently, even under significant pressure, while maintaining clear communication and a positive attitude. His commitment to providing outstanding service made the entire experience much smoother and less stressful. I am truly grateful to Mr. Patino and his team for their hard work, expertise, and professionalism. Thank you again, Ismael, for a job exceptionally well done!
I have been working with Mr. Patino throughout the process of purchasing my home. During this time, he has been highly professional, courteous, responsible, and communicative. He explained this complex process to me and helped address all my questions. Together with his team, he worked to identify the best approach and most favorable terms—tailored specifically to my financial profile—to secure the most comfortable conditions for me personally. I recommend him without hesitation, as he is always attentive to his work and responds quickly whenever you need to clarify a doubt or require further explanation. Thank you very much.
Ishmael was amazing throughout the whole process.