Nick Monardo - NOVA Home Loans

10/16/2026

If the monthly payment has you second-guessing your homebuying plans, a different loan option could be worth a closer look.

An FHA or VA 5/1 adjustable-rate mortgage offers a fixed interest rate for the first five years. After that, the rate can adjust annually, which means your payment could increase.

The key is understanding how it fits your budget today and whether you could handle future payment changes without counting on a refinance.

Call us to compare your options. We’ll walk through the numbers and help you decide whether this approach fits your plans.

10/14/2026

You took the leap and started your own business. Now you’re wondering if being self-employed means putting your home plans on hold.

One year in business may open more doors than you think. Eligible borrowers may have financing options without waiting for a full two-year self-employment history.

Your income, documentation, credit, and overall qualifications still matter. We can review your situation and help you understand what may be possible.

Call us to see whether your first year of self-employment could be enough to take the next step.

10/09/2026

New home sales are making moves. Could a new build be part of your next chapter?

August sales increased 6.4% from the previous month, while remaining 2% below last year. With the median sales price at $394,000, the numbers show a market that deserves a closer look.

National trends give us perspective, but your buying decision comes down to your local options, your budget, and your goals. We can help you understand how the down payment, closing costs, and monthly payment come together before you commit.

Considering new construction? Give us a call, and let’s explore what financing could look like for you.

10/01/2026

Appraisal guidelines are getting an update. Here’s what agents should know.

The changes may include more required photos, expanded property details, and updated reporting for square footage, finished spaces, ADUs, additions, and mixed-use areas.

Swipe through to see how these features may be documented under the updated guidelines.

Questions about what’s changing? Give us a call at NOVA so we can walk through the updates together.

09/25/2026

A buyer shouldn’t rule out a home based on one payment estimate.

Our new portfolio ARM could give eligible buyers another way to finance a primary residence with just over 10% down and no mortgage insurance required. We’ll show them what the payment looks like now and how it could change after the initial rate period.

There are options for second homes and investment properties, too. Agents, send us the listing before your buyer crosses it off. Let’s see what the numbers say.

09/11/2026

25 years later, we still remember.

We remember the lives lost, the families forever changed and the heroes whose courage showed the very best of humanity on one of our nation’s darkest days.

September 11, 2001. Never forgotten.

09/10/2026

More homes may now fit within conventional financing.

The new temporary 2027 loan limits give qualified buyers more room to purchase at today’s prices without automatically needing a jumbo loan.

For those considering a duplex, triplex or four-unit property, the higher limits could also make it easier to buy a home with built-in rental income potential.

Thinking about buying in 2027? Reach out to see how these changes could help.

08/17/2026

5.0 star review received on Experience.com for Nick Monardo by Chinyere W - Nick and his team at Nova were exceptional at helping to get this deal closed - communication was excellent and preparing me for next steps along the way, was fantastic. I truly appreciate all of their efforts and suppor.

Click to see all 39 reviews of Nick Monardo, Director of TPO Growth & Strategy | NMLS #236906

07/24/2026

Rent has one thing in common almost every year... it gets more expensive.

Every rent payment keeps a roof over your head, but it doesn't build equity for your future.

Owning a home can provide greater payment stability over time while giving you the opportunity to build wealth with every mortgage payment.

The best part? Buying may be closer than you think. From down payment assistance to flexible loan options, there are more paths to homeownership than many people realize.

If you're wondering whether it makes sense to keep renting or start exploring your options, let's talk. We'll answer your questions, walk you through the numbers, and help you create a plan that fits your goals. 🏡

07/22/2026

The sooner you buy, the more time your investment has to work for you.

According to a survey of more than 100 housing industry experts, a $400,000 home purchased today could potentially gain around $40,000 in equity over the next five years through projected home price appreciation.

While no one can predict the future with certainty, one thing you can't get back is time. Waiting for the "perfect" market could mean missing out on years of potential equity growth while home values continue to rise.

If you're thinking about buying a home, let's talk about your options and build a strategy that fits your goals. Give us a call today. 🏡