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
Tom and Vickie were amazing; very patient, helpful, and thorough !
Tom and team were amazing! He went above and beyond to make this happen for me and was patient the entire time. They answered all my questions and responded to my anxiety ridden messages timely and professionally. I would recommend this team to anyone any time!
Awesome experience with the Faille Team! They're honest, responsive and professional. Highly recommend this team for all mortgage needs for anyone!
Especially nice move locking the interest rate before they shot up!
Great working with Tom and the team. They were patient and supportive throughout the process
Any time I had a question or concern about something, Tom would get right back to me with an answer. Also, buying a house is very stressful, but Tom and his team provided all the steps I needed to take to receive the finances me and my husband needed to buy our house. Thank you. Renda Riley
Tom & his Team were very helpful. I received a call back the same day I left a message. The Faille Team is professional and made the daunting task of purchasing a home easier.
Efficient, transparent, easy, and friendly
Everyone was very polite and very informative on anything I asked. All calls were answered, or called back immediately with the information that was needed. Lisa was amazing and so helpful getting all information that was needed. I thank everyone that was involved, and would recommend the team to anyone. Thank you for your service.
nothing bad to say, answered every question i had before i even had them. the best!
Kim and Tom we're thr were the besr best team i could've asked for this this was my first home purchase and they made the process smooth and were very understanding to every opstical that was thrown our way ! Thank you for helping us with our forever home !
Thomas and his team had to move quickly and efficiently to help us close on time. They worked late and I feel like moved mountains to ensure we were able to get our dream home. The necessity to move quickly was not due to his team, but from another lender who almost made us lose our dream home. I can't thank all of them enough for making this happen for us!
Tom and his team are phenomenal! They were all super helpful and quick to help and answer questions. They made my first home buying experience a breeze!
ely helpful and got everything done in a timely manner. We wanted to close a little sooner than planned and they were able to make it happen. We were very pleased!
Thanks for making everything go smoothly
We cannot express our gratitude enough for everything the Faille Team did to help us as we looked for our next home. They were always on top of everything and went out of their way to make sure we were informed every step of the way. We have bought many homes over the years and the Faille Team is the best by far. Don't hesitate to use this awesome company.