Blog - Nova Home Mortgage

Home Sellers Getting Piece of $62M Opendoor Settlement

The FTC's complaint alleges that Opendoor claimed to pay homeowners market value for their homes while saving them money on costs. However, the company often offered less than market value and charged more than it had promised. As a result, many homeowners who used Opendoor lost money.

Published on 04/10/2024

Balancing Act: The Art of Compromise in Home Buying

Buying your dream home in this market may require some compromise. Here are 5 areas to reconsider on your way to buying your first home.

Published on 04/10/2024

Navigating Home Buying with Elevated Mortgage Rates: 10 Mistakes to Avoid

Feeling the pressure of higher mortgage rates? Keep your cool and be smart with your purchase with these 10 tips.

Published on 04/03/2024

Don't Wait Another Minute: Here's Why NOW is the Perfect Time to Buy Your Dream Home!

Is it the right time to buy? Here's why waiting could cost you --even with the current elevated rate.

Published on 03/27/2024

Second Time's the Charm: Navigating Your Next Home Purchase

Ready to buy your second home? Here's what you need to know about which home loan programs you qualify for the second time around.

Published on 03/20/2024

Commission Settlement - What Happens Now?

Yes, you’ve heard it! We’ve all heard about it and there is A LOT of misinformation out there. Let’s break it down.

Published on 03/16/2024

The Smart Path to Downsizing: Making the Most of Your Retirement

Are you considering downsizing your home? Here are some points to consider.

Published on 03/13/2024

"When Should I Consider a Cash-Out Refi?"

When is it the best time to refi? When should you consider it? Read this article to get a better idea.

Published on 03/06/2024

Mortgage Partnership: The Power of Co-Signing on a Mortgage

Thinking about adding a co-signer to your home loan application? Here's what you need to know.

Published on 02/28/2024

Navigating Home Inspections: A Buyer's Guide to Uncovering Hidden Issues

Don't let your excitement blind you to these potential problems in a home your considering buying

Published on 02/21/2024

Mastering Your Mortgage Journey: The Importance of FICO Score 8

What is FICO 8 and what role does it play in your mortgage application? Read this article to learn more.

Published on 02/14/2024

Navigating the New Norms: 4 Rules for Home Shopping in Today's Market

Out with the old and in with the new! Here are the new rules for buying a home in the 2024 market.

Published on 02/07/2024

How Declining Mortgage Rates Are Changing the Real Estate Landscape

Mortgage rates are falling and there's a surprising benefit beyond a more affordable mortgage payment --more inventory! Read more in this latest blog.

Published on 01/31/2024

Navigating Closing Costs with Confidence: 4 Tips to Save on Your Home Purchase

We're here to help make homebuying more afforable! Explore these tips for reducing your closing costs.

Published on 01/24/2024

Navigating the Mortgage Maze: 10 Crucial Do's and Don'ts After Applying

In this guide, we delve into 10 crucial do's and don'ts to navigate the post-application phase with finesse, ensuring that you not only enhance your chances of mortgage approval but also pave the way for a seamless transition into homeownership.

Published on 01/17/2024