We offer: The FHA Secure Refinance
Loan Modification Assistance (even if you are not our client)
First Time Homebuyer Training and Support
You'll quickly find out that Novation is not just a mortgage company. We
are a real estate finance and wealth management services company who makes the
majority of our income from funding real estate loans.
*Based on a $240,000 loan with 20% down or 20% equity on rate
and term refinance. Middle credit score of 680 or higher on
a Georgia primary residence single family detached home.
Borrower must meet standard conforming (FNMA/FHLMC) loan
guidelines. This is not a commitment to lend and rates are
subject to change without notice. FHA F30 based on $150,000
loan and Jumbo based on $1,000,000 loan at 70% LTV. NOTE THERE ARE NO
DISCOUNT POINTS ON THESE LOANS. 15 day lock, fully
documented income and assets. Total settlement costs less
than 3%. Does not include pre-paid items such as appraisal,
taxes, insurance or government related fees. Not responsible for
typos or HTML results. * on Flex PMI of 35% is
required (ask about the Flex97/3 with only 18% MI) †
Jumbo loan amount
of $1,000,000
Novation - noun - noe-VAY-shun: In legal terms
the act of replacing one contractual
obligation with another. In essence an assumption or refinance.
From the Latin for the act of renewal.
Legal definition.
Nothing in this website should be considered investment advice.
Users of this website should consult with their own attorney, broker, or other
financial advisor prior to making any investment. Novation Mortgage, LLC and its
owners, partners, principals, employees, associates, contractors nor assignees, shall have no liability for
investment decisions made by any user of this website based upon the information
contained on this website.