Product Overview
More than ever having an extensive product offering is essential to your business's growth and future.
We constantly add new and innovative products, wholesale and correspondent, to make sure our originators stand out from the rest.
Direct Agency Relationships
Approved Investors
Approved Brokered Investors
A full lineup of home loan options.
From first-time buyers to seasoned investors, Novus gives you the loan options and pricing to match every client’s goals.
Asset Utilization
Bank Statements/1099/ P&L Income
Community Lending Program
Conventional Fixed/ARMs
Conventional High Balance Fixed/ARMs
Conventional/FHA No FICO
Non-Conforming No Ratio
DACA
DPA/Grant Programs
DSCR
DPA For All
FHA 203(h) Disaster Victims
FHA Standard/High Balance
FHA Streamline
FHLB Programs
Foreign National
HomeReady/Possible Interest Only ITIN
Jumbo/Fixed ARMs
Renovation Loans/203(k)
Reverse Mortgage
Manufactured Housing Single and Doublewide
Medical Professional
Non-Warrantable Condos
Portfolio Options
RefiNow/Possible
USDA Standard USDA Streamline
VA IRRRL
VA Standard/High Balance
Niche Products
Bank Statements
Use 12 months personal or business bank statements to establish income in lieu of tax returns.
FHA 203(h) Disaster Victims
100% LTV purchase financing for victims of major disasters.
FHLB Programs
As a member of the Federal Home Loan Bank system we have access to many programs throughout the year, most notably grants for FTHB and borrowers with median to low incomes.
FHA/Conventional No FICO
Conventional or FHA loan but the borrowers have no reported FICO score.
Non-Conforming No Ratio
No income is stated and debt-to-income is not generated.
ITIN
For borrowers with Individual Taxpayer
Identification Number instead of SSN.
DSCR (Debt Service Coverage Ratio)
Investment property loans using the monthly rental income divided by monthly housing payment for the ratio. No employment documents required.
DACA
Available to recipients of Deferred Action for Childhood Arrivals.
DPA For All
Nationwide DPA program with no FTHB or income restrictions.
Member FDIC. Equal Housing Lender. Novus Home Mortgage is a division of Ixonia Bank, NMLS #423065