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
Upen was great to work with, was easy to schedule calls to ask questions and discuss the process. The online platform was easy to use as well.
Upen was knowledgable and able to help us work through various problems in creative ways.
Upen was absolutely brilliant throughout the entire mortgage process! He was knowledgeable, responsive, and made everything incredibly smooth from start to finish. He took the time to answer our questions, kept us informed, and genuinely made us feel like we were in great hands. We couldn’t have asked for a better experience. Highly recommend Upen!
We had a great experience with Upen in obtaining our new mortgage when other options were not going to work because others said no due to a change in employment. Instead of saying no, he found a path for us to secure the mortgage and we couldn’t be in our new home without his help!
Upen was fantastic from the beginning of our journey of starting the loan process with a physician mortgage. He walked us through all of the steps, always responded in a very timely manner and made the process seamless. We will definitely recommend Upen and Novus going forward to our friends who are starting the process to find the right lender. We really appreciated Upen coming to our closing and are so appreciative for his help through this whole process.
I had a good experience . I felt informed and had quick responses
He is outstanding. He always quickly answers to our any questions. He has lot of years experience in his filed. Without him help we can't bought house. We are all family members thank you very much Upen.
Upen did a great job for me. He was patient, attentive to the details, had a good sense of humor, and was a great advisor. His knowledge of products, processes, and systems enabled us to overcome a few hurdles along the way.
Upen helped me in all regards, and I could not have gotten my first home without his expertise. Would work with him again!
This was my first home buying and Upen helped me thoroughly the entire way. I'm very grateful for all his work!
I would like to express my sincere appreciation for the excellent service I received from Upen Patel. he was professional, courteous, and patient throughout the entire process. He took the time to answer all my questions clearly, explained everything in detail, and ensured that my banking needs were handled efficiently. His friendly attitude and commitment to providing outstanding customer service made my experience pleasant and stress-free. Thank you for your exceptional support and dedication. I truly appreciate your assistance.
Upen Patel is an experienced and intelligent professional. He had answers to all of our questions, and the way he explained everything made it very easy to understand. He made our loan process smooth and stress-free. In the future, I would be happy to do business with him again and would highly recommend his services.
Upen diligently worked with all involved in our home loan process and got everything through smoothly in a challenging situation. Would certainly work with him again
Upen and his team made what seemed like an impossible situation into a realistic and completely manageable one. He worked efficiently and professionally with the unique challenges and demands of high earning medical professionals in a state that many lenders don't have a presence in. I don't want to mislead review readers on this man's abilities, but he was able to predict a mortgage broker leaving us high and dry after we had our home offer accepted the day before it happened, and turned around and got the deal done like it was just another Tuesday. Highly recommend and would work with again in the future. Thank you Upen.
Upen and his team were wonderful and pleasantly easy to work with. Have to give credit where it is due, I don't now how, but Upen predicted (a day before it happened) that the mortgage broker we were working with would burn us and leave us hanging to dry after we've made an offer, so how could I not work with the man who could see the future? Beginning our relationship with thirty days to close, he and his team were able to get us through the due diligience, appraisal, document collecting, and closing period and not getting hung up on the things the broker assured "nobody would be able to lend to us." Medical professionals (Doctors, Dentists, & CRNAs) have non-traditional employment and contractual obligations that most underwriters won't even entertain. However, Upen assured me that it could be done, and now, the day after closing, I am a believer and lucky to have been able to work with him and rely on his experience. This was our first homebuying experience, and we don't really have a base to rely on, but Upen worked directly with our Realtor to help coordinate the various aspects of the escrow period, and notified us in a timely manner if a certain document or statement was needed for underwriting. There were a lot of documents, but again, non-traditional borrowers probably need the slew of paperwork for qualification. I cannot recommend Upen and his team enough. If any of my collegues decide they want to purchase a home given our unique borrowing requirements, I will absolutely recommend and give them Upen's contact information. Thank you!
Upen has done 7-8 loans for me and I send my friends and family members to him. He is the best.