Novus Mortgage

Novus Mortgage

1000 Corporate Center Drive, Suite 555, Monterey Park, CA 91754

https://www.novus-mortgage.com/

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
0

Total loans closed with Loan Factory (past 12 months)
0

Lender overview

Basic information

Conventional

JSB Mortgage Corporation, a California Corporation DBA Novus Mortgage ISAOA/ATIMA 1000 Corporate Center Dr. Suite 555 Monterey Park, CA 91754 Loan Number:

JSB Mortgage Corporation, a California Corporation DBA Novus Mortgage ISAOA/ATIMA 1000 Corporate Center Dr. Suite 555 Monterey Park, CA 91754

Lock policies & Fees

Lock Policies

2 Days 0.125
7 Days 0.250

Relock Policy
Worse case pricing + 0.250%

No

Lender's niche & Overlays

P&L only and VOE only products (no bank statements needed to support the income).

We have two lines of Non-QM products: Essential series and Choice series.

Essential products provide more lenient/easy-to-qualify guidelines (such as no required reserves up to certain loan amount/LTV) with competitive pricing, while Choice products provide very competitive pricing for well-qualified borrowers.

We also launched Closed End Second with loan amount up to $1mm.

N/A

Lender turn time

1

1

1

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