Upen Patel

Investor friendly lender - licensed in ALL 50 states Lets speak. Feel free to call me anytime, including evening/weekend. OR you can grab time on my calendar - https://calendly.com/upatel. ***************************************** Buying a property as your own home or as an investment will be one of your biggest investment. You want the best on your team. I have the skills and knowledge to guide you. I am not your typical mortgage banker. I have an undergrad in engineering and an MBA from The Univ of TX at Austin. I spend 20+ years as a Management Consultant advising and assisting Fortune 500 clients. I became a mortgage banker to be home with family. I use my people skills and analytical thinking, to help my clients. I look to deliver the highest level of service, clear and open communication, and always working to find the best financing solution for you. I am a Branch Manager with Novus Home Mortgage. At Novus Home Mortgage, we believe homeownership should be simple, accessible, and tailored to your unique journey. As a modern mortgage lender backed by decades of industry experience, we combine cutting-edge technology with personalized service to guide you from application to closing—and beyond. Whether you're a first-time homebuyer, a seasoned investor, or relocating across the globe, we are committed to providing clarity, confidence, and care every step of the way. With a wide range of loan products, including Conventional, FHA, VA, Jumbo, and specialized options like Physician, High-Balance loans, and Non-Agency loans like DSCR, Bank Statement, Asset Depletion, 1099, ITIN, Foreign National, etc., we ensure you have the right financing to meet your goals. Novus means “new”—and that’s exactly what we offer: a fresh approach to home lending, built on integrity, innovation, and results. ***************************************** Experience: I am currently in my 3rd SFH. I custom built this (blue prints, managing contractor, picking out each item, ripping out my hair and all). :-) The first two homes where builder built. So, suffice to say that I have lived through a lot that folks on BP are going through. Currently Seeking: Become the to go to lender for REI investors & Realtors in ALL 50 states. Don't loose a deal because your local lender can't do the loan. I can! I am a not your typical Mortgage Banker. I bring 20 yrs of management experience, have an MBA from UT Austin. I am great with numbers, am trustworthy and will deliver on what I promise. I am not focused on just one transaction. I am looking to connect with folks to build relationships. Feel free to call me even if you are working with a different lender or not looking for financing right now. I would love to hear from you. ***************************************** • National Lender, ALL 50 states • Direct Lender - Fannie Mae, Freddie Mac, FHA, VA, USDA o Investor friendly o No/min overlays o Can do up to 10 financed properties per individual o Rental income credit with lease (no seasoning) o 6 month seasoning to do cash-out refi o No seasoning for rate-term refi (refi away for HML or Private money) o Delayed refi o 1-4 units, all treated the same o Use all sources of income: W-2, 1099, K-1, Sch C, Sch E (rental income), S corp, C Corp, etc. o 100% financing - FHA, VA, USDA o Loan based on 1 yr tax return o W-2 loan programs o Can use future income for VA loans (within 30-60 days of start of new job) o Texas Section 50(a)(6) compliant mortgages – TX home owners and investors can do cash-out • Pre-underwriting - Fully approved loan - submit offer with no financing contingency • Jumbo & Super Jumbo • Portfolio loans o Residential portfolio loans for investors who want the peace of a 30 yr fixed loan, but have used up the conventional loans. Can do title in LLC/S-Corp o Loans for individuals with derogatory credit - bankruptcy, short sale, foreclosure, deed in lieu o 24 month bank statement loan, Asset depletion loan • Condo/Co-op loans, including non-warrantable Condo & condo-tel - We have a dedicated condo/co-op department that I run every deal through beforehand. No surprises. • Construction/Rehab loans o Construction loans for Owner Occupied property, investors and Spec build for established builders o FHA 203(k) Rehab loan - Owner occupied 1-4 unit o Fannie Mae HomeStyle Renovation loan – Owner occupied 1-4 unit OR 2nd home/Investment 1-unit • Foreign National loans • Multifamily (5+) & Apartment loan - Non-recourse available ***************************************** Upen Patel Branch Manager | Novus Home Mortgage NMLS# 1374243 Subject to credit approval. Terms and conditions may apply. VA is subject to VA eligibility requirement. Property insurance is required for all loans secured by property. Novus Home Mortgage is a division of Ixonia Bank, NMLS #423065 | All Rights Reserved | novushomemortgage.com Member FDIC | Equal Housing Lender *****************************************