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
Wendy and her team went the extra mile to secure my mortage. They also explained every questioned I had thats what made the experience great for
Overall the experience was great. Very informative and helpful throughout the whole process.
She is a wonderful listener she explains the ups & down & quickly got me a wonderful home in a community I have so many amenities i I Love this place! & Wendy for helping enjoy my retirement! Happy Holidays to all!
Mrs Rush and her team were awesome. I will recommend them to my friends and family for sure. Great experience.
informative quick and helpful
After relocating to Little Rock, AR to live closer to family, I was looking on Zillow to rent a house. I had specific needs to safely accommodate my adult son who has cerebral palsy and uses a wheelchair and walker. None of the homes I toured were a good fit. Out of curiosity, I looked at a house for sale on Zillow and within minutes I received a call from loan officer Wendy Rush. Wendy offered to crunch a few numbers to determine if I qualified for pre-approval to purchase a home. Why not? She did and I did – Wow! I never dreamed I could afford to purchase a house on my own being 65 years old, divorced, and a caregiver on a fixed income. Armed with this pre-approval assurance, I set out in earnest to find the right home for us. Wendy connected me with a hard working, dependable, and knowledgeable realtor who showed me homes in my price range that ticked off my accessibility requirement boxes. We found our dream home, made an offer that Wendy okay'ed, and went to contract. At that junction, Wendy flexed her lending muscles. I worked together with Wendy's diligent team, and spent the next days providing financial information needed for the underwriters' approval for an FHA 30-year mortgage. Wendy's deep knowledge of lending and regulations was immeasurable. She was kind and patient, answered all of my questions; she took the time to explain and educate me on the legalese/realty jargon on my disclosure documents and many others that I had to e-sign. I got a crash course in real estate lending!Ultimately, we closed on time in an incredible 3 weeks! Thanks to Wendy and her team, the experience of buying my first home was positive and rewarding from start to finish.
Wendy was absolutely a God send when it came to buying my home! Not only did she work with me at any time of day, but would take phone calls on weekends as well! She did everything in her power to get me into a home on a time crunch! I had the pleasure of being her client for a year! I would give her information to anyone looking to buy a first home or their fifth home! She was able to work with me through everything even though we were just about 200 miles apart! I was more then satisfied to work with her!
Wendy was great through the entire process – especially when I was overly worried – she quickly addressed my concerns and reassured me about everything with the loan process.
Wendy made buying a house less daunting. As first-time home buyers we were pretty clueless and intimidated. Wendy was incredibly patient and walked us through the process every step of the way. We were looking for a house for almost 2 years and she’s been breaking down prices and affordability for every potential home (and there were many!). Quick to respond and always available for questions even after closing. We truly felt taken care of throughout.
Wendy was a pleasure to deal with. She was very helpful at all times, and was constantly putting in extra effort to make my home buying experience as easy as possible. I would not hesitate to recommend her. Thank you!
I could not have asked for a better loan officer and team to work with. Wendy and the team if talented individuals who worked with me through several obstacles to get us in our new home. My family is forever greatful for all their help and efforts. I highly recommend them.
Wendy was awesome! I would send her the price of a house that I was looking at and she would send me the information I needed the same day or right away the next day. She was very personable and was great to do business with. I would definitely recommend her to anyone and would do business with her again if I buy a house in the future.
This is my first time buying a home and working with Wendy and Bank of England was definitely an A+ experience. Wendy brought me through the whole process and broke down every aspect of the journey to buying a home. I am very impressed of the knowledge and courtesy they bring with them. If anyone I know needs any kind of help with buying a home or just to refinance, Wendy and Bank of England will be hands down the people I would ever highly recommend.
From the moment I clicked "Get pre-qualified" on Zillow, it took only 15 minutes for Wendy to call me. From then on, she has made this whole house buying experience an absolute breeze. People say buying a house can be stressful but it honestly wasn't and that is because of Wendy and her team's outstanding organization and teamwork. She was on top of everything and there was not a day that I didn't hear from her, even if we were still waiting on information. Even though she was probably working other files as well, I really felt like I was the number one priority. I truely appreciate all the hard work she put in to get me into my new home.
Wendy was extremely thorough in every step of the home buying process, very informative and attentive, she responded almost emediately to every email, phone call or text, super friendly, even after closing on our house she was very helpful with extra questions i had, thank you wendy for your hard work and dedication we really appreciate it.
It was a plessure working with wendy . She did not give up on us even when we were frusterated . I highly recomend her . A A A+ across the board. 😍😍