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
We had a wonderful experience working with Eric and will re him to others in the future.
Great communication every step of the way
have worked with Eric in the past, he is hands-down. The only one I will work with moving forward. Him and his team were extremely helpful, very efficient and very easy to talk to. Thank you so much for all your help!
Got all our needs met in a short time line. Thabk you for all you do
I had a great experience working with Eric at Novus Mortgage. He was extremely helpful throughout the entire mortgage process, always responsive, knowledgeable, and willing to take the time to answer any questions I had. He made what could have been a stressful process feel straightforward and manageable. I really appreciated his communication and attention to detail from start to finish. I would absolutely recommend Eric and Novus Mortgage to anyone looking for a great mortgage experience.
Eric was always readily available and made the process seamless. Thanks for all of your help and guidance over the last 12 months!
What a wonderful experience going through such a big life event couldn't have asked for anything more!
Eric and his team did an excellent job making things simple, easy, and efficient.
I had an outstanding experience using my VA loan with this mortgage company. From the very beginning, the entire team made the process easy to understand and took the time to answer every question I had. They were incredibly knowledgeable about VA loans and guided me through each step with professionalism and patience. Communication was excellent throughout the entire process. I was always kept informed, and they worked hard to ensure everything stayed on track for a smooth and timely closing. I truly felt like they had my best interests in mind and made buying my home a stress-free experience. I highly recommend this company to any veteran or anyone looking for a mortgage lender that is honest, responsive, and genuinely cares about its clients. Thank you for making my dream of homeownership a reality!
It was great working with Eric. The process was clearly laid out. Everything was easy to follow and uploading documents was simple.
We loved working with Eric! He answered all of our questions in a timely manner and he explained every step we were taking to purchase our house! Thank you, Eric!
Working with Eric and his team was easy. Highly recommend.
Eric and his entire team has been absolutely amazing to work with! They were so quick to answer all questions and incredibly communicative of all steps of the process. They truly made the loan process, which can be incredibly stressful, easy and efficient. I will recommend Eric to anyone needing a lender!
It was so nice having everything happening in the background and we were contacted when information was needed. Eric and his team answered all of our questions and we were able to close in less than 30 days which was amazing.
Eric was very reponsive, thoughtful and understanding of all of our questions throughout the process. We really appreciated his advice and guideance! We'll definitely recommend Novus to our friends!!
I appreciated all the communication through the entire process . There are so many steps and requried documents, etc, that even though this was our third home purchase, it still felt brand new, so the regular updates via email and text plus the ease of e-signing was great. The only small hiccup occurred with managing the gift funds for down payment from my parents. Some of the communication and follow through from the team felt it lacked a bit there as I was trying to ensure my parents had what they needed when some communication needed to be re-sent.