Understand Your Options with Clear Explanations
Every borrower is unique, which means every loan should be too. Our loan education section breaks down the most common loan programs in simple, easy-to-understand terms.
NOVUS Loan Programs
Each article explains who the program is best for, what to expect, and what you will need to get started.
Conventional Loans
Conventional loans are ideal for individuals with strong credit and steady income, offering attractive interest rates and flexible terms. Unlike government loans, they lack federal insurance, providing more choices for those who meet stricter criteria.
FHA Loans
FHA loans are great for first-time homebuyers, providing lower down payment requirements and flexible qualification terms. Backed by the Federal Housing Administration, these loans make homeownership more reachable.
VA Loans
VA loans grant remarkable advantages for veterans and active-duty military, including no down payment and favorable interest rates. These loans are endorsed by the Department of Veterans Affairs and intend to facilitate homeownership for those who served our nation.
USDA Loans
USDA loans offer no down payment options for eligible rural and suburban homebuyers. These loans are backed by the U.S. Department of Agriculture and provide affordable financing solutions for those looking to purchase a home in qualifying areas.
Jumbo Loans
Jumbo loans are designed for homebuyers seeking financing for higher-priced properties that exceed conforming loan limits. These loans provide competitive rates and flexible terms for borrowers with strong credit profiles and substantial income.
Refinance Options
Refinance options allow homeowners to lower their monthly payments, reduce their interest rates, or access home equity. Our team will help you find the best refinancing solution to meet your financial goals and improve your mortgage terms.
Specialty Loans
Specialty loans cater to unique financial situations and include programs such as renovation loans, reverse mortgages, and more. These tailored solutions address specific needs and help you achieve your home financing objectives.
ITIN Programs
Individuals without a Social Security Number (SSN) can purchase a home using ITIN loans, offering eligible taxpayers access to homeownership.
Non-QM Loans
Non-QM loans cater to borrowers with non-traditional income, low credit scores, or complex financial situations who don’t meet conventional loan criteria.
DPA Programs
Down Payment Assistance (DPA) programs provide financial support, through grants or low-interest loans, to help homebuyers cover upfront costs.
Frequently Asked Questions
Get the basics, understand the process, and feel more confident about your next move. We’re here when you’re ready.
By looking at your credit, finances, and goals together, we help you see if you’re ready to buy and what you can do to get there.
Novus offers a simpler, smoother, and more transparent mortgage experience, with modern technology and loan officers who take the time to understand you.
With options like conventional, FHA, VA, USDA, and non-QM, we have solutions for every need. Whether you’re looking for a first-time buyer program or investing in a property, we help you compare and find the loan that fits your goals.
By looking at your income, credit, debt, and the guidelines for different loan types, your loan officer can show you how much you may qualify for using smart, accurate tools to help guide your search to the homes that fit your budget.
From pre-approval to closing, we guide you through each step with real-time updates and proactive communication. Our technology puts everything you need right at your fingertips so you always know what’s happening.
Connect with a Novus loan officer for a personalized plan tailored to your homebuying or refinancing goals.
Real Stories from Real Owners
Fast approval.
Victor G.
Decatur, AL
January 19, 2026
John was so helpful, walking me through the whole process and helping me to understand and answering my million questions. He was also very accessable and available to talk when needed. He went over and above to make this a pleasant experience and went out of his way on multiple occassions to help me with things and calm my nerves.
Jennifer M.
Youngstown, OH
January 19, 2026
With Sales Manager John Rudolph
We had a great experience using Novus and working with Jeff Gilmore for our home mortgage. We’re extremely happy with how smooth and straightforward the entire loan process was.
Spencer M.
Charlotte, NC
January 19, 2026
Working with Jen to refinance our mortgage was an outstanding experience from start to finish. As someone who values clear communication and transparency, I was impressed by how Jen kept us informed throughout the entire process. She took the time to explain each step in detail, answered our questions promptly, and proactively reached out with updates so we never felt left in the dark. What truly set Jen apart was her ability to make what could have been a stressful financial decision feel manageable and straightforward. She walked us through our options with patience and expertise, helping us understand the numbers and find the best solution for our specific situation. Her professionalism and genuine care for our needs made all the difference. The refinancing process itself was remarkably seamless thanks to Jen’s organization and attention to detail. She coordinated everything efficiently, kept us on track with deadlines, and handled any hiccups that arose with grace and problem-solving skills. We couldn’t be happier with the outcome and wholeheartedly recommend Jen to anyone looking for a mortgage broker who combines industry knowledge with exceptional client care. We’ll absolutely be working with her again for any future mortgage needs and have already started referring friends and family her way.
Gari-Ann Kia .
January 19, 2026
Here’s a more detailed and thoughtful testimonial: Working with Jen to refinance our mortgage was an outstanding experience from start to finish. As someone who values clear communication and transparency, I was impressed by how Jen kept us informed throughout the entire process. She took the time to explain each step in detail, answered our questions promptly, and proactively reached out with updates so we never felt left in the dark. What truly set Jen apart was her ability to make what could have been a stressful financial decision feel manageable and straightforward. She walked us through our options with patience and expertise, helping us understand the numbers and find the best solution for our specific situation. Her professionalism and genuine care for our needs made all the difference. The refinancing process itself was remarkably seamless thanks to Jen’s organization and attention to detail. She coordinated everything efficiently, kept us on track with deadlines, and handled any hiccups that arose with grace and problem-solving skills. We couldn’t be happier with the outcome and wholeheartedly recommend Jen to anyone looking for a mortgage broker who combines industry knowledge with exceptional client care. We’ll absolutely be working with her again for any future mortgage needs and have already started referring friends and family her way.
Gari-Ann K.
Madison, AL
January 19, 2026
With Loan Officer Jen Detulleo
Jeff gives great personal assistance. in constant contact through the entire process. Higl recommend Jeff.
Lisa C.
Roanoke, TX
January 19, 2026
Jeff is great about coming up with a solution to the issue. His response time when you reach out to him is exceptional
John C.
Roanoke, TX
January 19, 2026
stayed in constant communication through this whole process even while she was on vacation. She always answered any text or call and always help to find a solution to any issue that came up. She guided us through every step and always had our best interest at heart.
Misael D.
Yuma, AZ
January 18, 2026
Easy to work with. Always answered my questions and returned my calls quickly. It was a pleasure!
Terri J.
Wellsville, OH
January 18, 2026
Terry is a great guy, and an excellent lender! He truly cares about people and will go above and beyond to help a client. I was very nervous about buying a house by myself for the first time, but Terry patiently addressed all my questions and concerns and walked me through the purchase without any bumps or unexpected issues arising. As a Realtor, I recommend him to my clients because I know firsthand that he does a fantastic job!
Carmady Kruger .
January 18, 2026
Terry made it so simple to buy my first house on my own! He explained things clearly and was very patient by thoroughly addressing all my questions. He found the best solution given my situation and guided me through the purchase process with ease. I was very nervous about doing this all by myself! But turns out I wasn't by myself afterall, Terry was by my side every step of the way! I am a Realtor and I highly recommend him to all my clients! He truly cares about people and finding them the best loan product for their given scenarios. He goes above and beyond expectations to help in any way he can. Great guy, excellent lender!
Carmady King K.
Salisbury, NC
January 18, 2026
Greg was AWESOME! He is very helpful and finds the right loan for his clients. I will use him again! He probably needs a big raise and bonus!
Andrew P H.
Noblesville, IN
January 18, 2026
My Name is Trolichard A. I faced difficulties during the process with BOA, they weren't easy to work with at the very end they rejected the loan. I reached out to my Realtor Jake Wirtz right after hung up the call with BOA lender. I told him I got rejected he Said "don't worry I'd introduce you to my guy Tony" The same night I spoke to Tony he understands my frustration He told me we gonna work this out before the year ends. The process was smooth and the communication was great he replies whenever I text him including his assistant Stacy. They are very professional easy to work with now I'm enjoying my new home. Thanks a Million Tony
Trolichard A.
Crest Hill, IL
January 18, 2026
Clear communication and timely responses.
Leah S.
Youngstown, OH
January 17, 2026
Everything went smoothly and very timely. Everyone involved in the process was very professional. Evette made the entire process very simple and made us feel very comfortabl. This was the second time I have worked with Evette and she would be my go to person in the future as well.
Colleen A V.
Fond Du Lac, WI
January 17, 2026
With Branch Manager Yvette Clermont
The process was very easy. Charles was really kind and helpful, answered all my questions and kept me updated throughout. i was able to close very quickly thanks to him and his team and all of their hard work .
Rachel Victoria D.
Boardman, OH
January 17, 2026