NovaStar Mortgage

So few companies make it easy to obtain resources and information about what they can offer you, the customer. In fact, many make the process so intimidatingly difficult that it discourages potential customers from committing to their products and services. This is particularly true when it comes to financing a home loan.

Many people are completely unfamiliar with the terms and concepts associated with the home loan process that they would much rather wait to commit to a lender, or worse, they commit to the wrong lender and end up being stuck with an unsuitable loan package for upwards of thirty years. This is why companies like NovaStar have become so successful. They make obtaining information as effortless as simply requesting a telephone call from their convenient website, for free with no committments. NovaStar was founded in 1996, and is now one of the nation’s leading lenders in the non-conforming residential market.

NovaStar works through a nationwide network of brokers to provide financing to the underserved market requiring loans that fall outside the guidelines of conventional lenders. NovaStar holds a portfolio of loans, and is traded on the New York Stock Exchange. NovaStar has branch locations across the country in Kansas City, Missouri, Columbia, Maryland and Phoenix, Arizona, while their headquarters are based in Orange County California.

Loans offered by NovaStar Mortgage

  • Purchase loans
  • Refinance loans
  • Debt consolidation loans

NovaStar’s success has been largely based on the fact that they recognize the need for nontraditional loans for the nontraditional borrower. So many companies only approve loans for individuals with flawless credit and easy to prove income. Today, however, many Americans do not fit that mold, and the number of nontraditional lender is increasing at an unprecedented rate. NovaStar also attributes their success to their complete focus on the customer’s individual needs and abilities.

They understand that obtaining a home loan can be a confusing and difficult task, and they want to contribute to making the dream of homeownership a reality for each one of their customers, regardless of their past credit histories or income. NovaStar even offers programs that assist customers in regaining control of their financial records by offering debt consolidation and cash-out refinancing programs that afford individuals the opportunity of eliminating their high-interest debt and transforming it into one affordable monthly payment. They understand that it is never too late to become financially responsible, and there is no better way of becoming a responsible consumer than though obtaining and maintaining a home loan.

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