David Milton at Novus Home Mortgage - NMLS #1846925

Here’s the deal: An escrow account is like a savings account for your home. When you make your monthly payment, a portion of it goes into this special account held by a third party.

But why? Well, it’s about making sure your property taxes and homeowners insurance get paid. Instead of having to save up for those big bills through the year, your lender takes care of it for you by setting aside a little bit each month. Pretty handy, right?

Ready to learn more? Reach out today!

Here’s how it works: With a buydown, you pay a little extra upfront to lower your interest rate for the first few years of your loan.

Why would you want this? Well, it can help lower your monthly payments in the early years of your mortgage, making it more manageable while you settle into your new home. Think of it as giving yourself a little breathing room as you adjust to your new digs.

Ready to dive deeper into the world of buydowns? Drop me a message and let's discuss a strategy that works for you!

There are more reasons than you think!

Beyond securing a lower interest rate, consider consolidating debt, shortening your loan term, accessing home equity for investments or renovations, switching loan types for stability, or removing mortgage insurance.

Ready to unlock your home's financial potential? Let's discuss your options and create a tailored refinancing plan today!

While a stellar credit score is great, it's not the only way to secure a mortgage. Even if your credit isn't perfect, there are still options out there.

Let's chat about your situation and explore mortgage solutions that fit your needs, regardless of your credit score. Reach out today to start the journey toward your dream home!

Let's talk about it!

To get pre-approved, you'll need to fill out an application and gather documents showing your income, savings, debts, and credit history. If everything checks out, you'll get a thumbs-up for a certain amount you can borrow.

Ready to get started? Contact me today!

It's like a safety net for lenders, kicking in if the borrower happens to default on the loan.

Usually tagged onto conventional loans with down payments of less than 20%, PMI might seem like an extra expense, but it opens doors for many hopeful homeowners by enabling them to pay less up front.

Curious if PMI is on the table for you? Let's talk. Reach out, and I'll provide the clarity you need to make informed decisions about your mortgage journey.

This St. Patrick's Day, take a step towards financial security with a mortgage that fits your needs. Click the link in our bio to connect with a local loan officer who can guide you through the process. Let's make your homeownership dreams a reality!

The amount you'll need depends on a bunch of factors, like the type of mortgage you're eyeing and your financial situation. Sure, you might have heard that magical 20% figure, but fear not! There are options out there tailored to your circumstances.

Imagine this: some programs offer as low as 3% down for those who qualify. And don't forget those amazing down payment assistance programs waiting to be discovered!

Let's ease that burden together. Drop me a line, and let's chat about your specific needs. Together, we'll craft a strategy to make those homeownership dreams of yours a reality!

It's like a whirlwind of economic trends, personal finances, and global happenings all swirling together!

Picture this: market conditions, your credit score, inflation – they're all in the mix, shaping the interest rate you're offered. Even those unexpected global events can send ripples through the mortgage world!

Excited to untangle this web and dive into your options? Don't wait! Shoot me a message or give me a call today, and let's kickstart your journey to owning your slice of real estate heaven!

If you're dreaming of a new home or looking to refinance, now's the perfect time to make those plans blossom.

What’s your favorite thing about Spring? Comment below!

An appraisal is a crucial and pivotal moment in the mortgage journey!

This step is essential. It's where a skilled professional evaluates the property you're eyeing to determine its fair market value. Why is this so crucial? Because it's the assurance both you, the buyer, and I, the lender, need to proceed confidently.

Think of it as a safeguard, ensuring that the value of the property matches the loan amount. It’s about more than just numbers; it’s about securing your investment in your future home, and making sure every penny is well-spent.

Ready to find your dream home? Call or message me to get started!

Make the most of the extra hour by reaching out and beginning your homeownership journey. Drop a comment with your favorite way to spend extra daylight!

It’s not just another box to tick – it's your first major step towards homeownership. With a pre-approval, you gain clarity on your budget, putting you in the driver’s seat of your home search.

Let’s not leave your dream home to chance.
DM me to start your pre-approval process today!

Pre-Qualification: Your first step. It’s an estimate based on your initial financial info.
Pre-Approval: The real deal. A thorough financial review that sets your buying power and shows sellers you’re serious.

Ready to make your homeownership dreams a reality?
Let’s talk pre-approval. DM me to get started!

Debt-to-Income Ratio (DTI) is the ration of a borrower’s monthly debt payments to their gross monthly income. I’m here to answer all your mortgage related questions, message me!

Mortgage insurance is insurance requires for loans with a down payment of less than a certain percentage. If you’re interested in hearing more, shoot me a message!

Happy Presidents Day! Today, we salute the leaders who have shaped our nation and inspired us to strive for a better tomorrow. Wishing you a day filled with reflection and pride in the land we call home. 🇺🇸

A VA loan is a mortgage program designed for eligible veterans and service members, offering favorable terms, and guaranteed by the Department of Veterans Affairs. It provides a path to homeownership with little to no down payment. Interested in more information on VA loans? Message me!

Love begins at home, and at Novus Home Mortgage, we're here to help you find the perfect place to create those heartwarming moments. Happy Valentine's Day!

Game day is here! 🏈 Ready for the excitement of the BIG GAME? Grab your snacks, rally your team spirit, and let the epic showdown begin! Who are you cheering for?

In homeownership, it's the difference between the property's value and the outstanding mortgage balance. It represents how much of the home you truly own. Want more information? Send me a message!

Commit to learning new DIY skills to tackle minor repairs and improvements around the house. Not only does this save money on hiring professionals, but it also empowers you to take better care of your home.

Just as a reminder, I am able to help with purchases and refinances in all 50 states!

Evaluate your mortgage, insurance, and other home-related financial aspects. Explore opportunities to refinance your mortgage, adjust insurance policies, or find better deals that could save you money in the long run.

Pop, pop, hooray! 🍿 Happy National Popcorn Day! Whether it's buttery, caramel, or cheesy, today we celebrate this crunchy, delicious snack that makes movie nights and cravings extra special. Grab a bowl, hit play, and enjoy the pop-tastic goodness! 🎉🎬

Whether it's planting a garden, repainting the front door, or fixing up the lawn, dedicating time to enhance your home's curb appeal can increase its value and make you feel proud of your space.

Today, we celebrate the inspiring legacy of Dr. Martin Luther King Jr. His vision of unity and equality reminds us to stand together in kindness and compassion for all. Happy MLK Day!

Make it a goal to improve your home's energy efficiency. Consider installing energy-efficient appliances, LED lighting, or better insulation to reduce utility bills and environmental impact.

January marks National Blood Donor Month, a time to recognize the heroes who save lives through their selfless donations. Every drop counts! Join the cause, donate blood, and be a part of this life-saving mission. Together, we make a difference. 💉❤️