What loan types does Nova Financial & Investment Corporation offer?

Nova Financial & Investment Corporation offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, usda. Each product has its own pricing score and performance metrics.

Where does Nova Financial & Investment Corporation offer mortgages?

Nova Financial & Investment Corporation offers mortgages in 20 states: AL, AZ, CA, CO, FL, ID, IL, IN, MT, NE, NM, NV, OK, OR, PA, TN, TX, UT, WA, WY.

How competitive are Nova Financial & Investment Corporation's mortgage rates?

Nova Financial & Investment Corporation has an overall pricing score of 36.5/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Nova Financial & Investment Corporation?

Nova Financial & Investment Corporation is a Independent Mortgage Company headquartered in TUCSON, AZ.

Unclaimed

Nova Financial & Investment Corporation

Independent Mortgage Company•Tucson, AZHQ•Direct•Reviews near you on Google

We analyzed every closed loan from Nova Financial & Investment Corporation — 3.8k loans across 6k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Acceptable

2/5

vs. all lenders

Pull-through

Exceptional

5/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · Jumbo · USDA

Place

Strong

4/5

Multi-Region · 20 mkts

Awards

Conventional

Superstar

FHA

Superstar

Jumbo

Superstar

Purchase

Superstar

Refinance

Superstar

Summary

What They Do Well

Strong pull through performance
Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans

Things to Think About

Pricing may be below industry average

Explore another lender or local market

Report Card

Nova Financial & Investment Corporation performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Acceptable

+36.2 bps above market avg

Pull Through

Closing strength

Exceptional

Top 20% of lenders

By Loan Product· Specialization by type

Conventional

Exceptional

Top 20% of lenders

FHA

Exceptional

Top 20% of lenders

Exceptional

Top 20% of lenders

Jumbo

Strong

Top 40% of lenders

USDA

Exceptional

Top 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Exceptional

Top 20% of lenders

Refinance

Exceptional

Top 20% of lenders

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 21 markets

Strong

Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Strong	Exceptional	Acceptable	Strong	2,165	56.7%	+0.359%Above	$2,514Fees
FHA Loans	Strong	Exceptional	Sound	Strong	1,199	31.4%	+0.505%Above	$2,943Fees
VA Loans	Sound	Exceptional	Mediocre	Strong	357	9.4%	+0.080%Above	$2,983Fees
Jumbo Loans	Strong	Strong	Sound	Strong	64	1.7%	+0.285%Above	$1,596Fees
USDA Loans	Strong	Exceptional	—	Strong	33	0.9%	-0.024%Below	$1,519Fees

Conventional

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume2,165

Mix56.7%

Spread

+0.359%Above

Fees

$2,514Fees

FHA Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume1,199

Mix31.4%

Spread

+0.505%Above

Fees

$2,943Fees

VA Loans

Overall

Sound

Product

Exceptional

Pricing

Mediocre

Pull Through

Strong

Volume357

Mix9.4%

Spread

+0.080%Above

Fees

$2,983Fees

Jumbo Loans

Overall

Strong

Product

Strong

Pricing

Sound

Pull Through

Strong

Volume64

Mix1.7%

Spread

+0.285%Above

Fees

$1,596Fees

USDA Loans

Overall

Strong

Product

Exceptional

Pricing—

Pull Through

Strong

Volume33

Mix0.9%

Spread

-0.024%Below

Fees

$1,519Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Exceptional	Acceptable	Strong	3,210	84.1%	+0.374%Above	$2,528Fees
Refinance	Strong	Exceptional	Acceptable	Strong	608	15.9%	+0.327%Above	$2,911Fees

Purchase

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume3,210

Mix84.1%

Spread

+0.374%Above

Fees

$2,528Fees

Refinance

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume608

Mix15.9%

Spread

+0.327%Above

Fees

$2,911Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

3,818

Applications

5,508

Volume

$1 billion

Pricing & Closing

Avg Rate Spread

+0.362%

vs. market APOR

Avg Net Fees

$2,630

Origination − Credits

Pullthrough Rate

69.3%

Applications → Closed

Typical Borrower

Avg Loan Amount

$365,086

Avg Borrower Income

$140,820

Avg Property Value

$471,045

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Northeast1

Midwest3

ILINNE

South5

ALFLOKTNTX

West11

AZCACOIDMTNMNVORUTWAWY

Top Metro Areas by Place Specialization Score

1© Bill Morrow from Tucson, AZ, US · CC BY 2.0

Tucson, AZMetro

Volume 1,064Mix 27.87% of portfolio

100/100

Exceptional

2© Jesuiseduardo · CC BY-SA 4.0

Yuma, AZMetro

Volume 489Mix 12.81% of portfolio

100/100

Exceptional

3© DPPed · CC BY-SA 3.0

Phoenix, AZMetro

Volume 970Mix 25.41% of portfolio

86/100

Exceptional

Tacoma, WAMetro

Volume 114Mix 2.99% of portfolio

76/100

Strong

Sierra Vista, AZMetro

Volume 67Mix 1.75% of portfolio

76/100

Strong

Denver, COMetro

Volume 316Mix 8.28% of portfolio

76/100

Strong

Las Vegas, NVMetro

Volume 146Mix 3.82% of portfolio

71/100

Strong

Prescott Valley, AZMetro

Volume 39Mix 1.02% of portfolio

64/100

Strong

Eugene, ORMetro

Volume 36Mix 0.94% of portfolio

60/100

Strong

Colorado Springs, COMetro

Volume 37Mix 0.97% of portfolio

54/100

Sound

Showing 10 of 20 metro areas

Top States by Place Specialization Score

ArizonaState

Volume 2,769Mix 72.52% of portfolio

96/100

Exceptional

ColoradoState

Volume 413Mix 10.82% of portfolio

75/100

Strong

WashingtonState

Volume 217Mix 5.68% of portfolio

70/100

Strong

NevadaState

Volume 154Mix 4.03% of portfolio

70/100

Strong

OregonState

Volume 72Mix 1.89% of portfolio

59/100

Sound

CaliforniaState

Volume 69Mix 1.81% of portfolio

49/100

Sound

New MexicoState

Volume 25Mix 0.65% of portfolio

49/100

Sound

TexasState

Volume 34Mix 0.89% of portfolio

42/100

Sound

FloridaState

Volume 31Mix 0.81% of portfolio

41/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

Are you the owner of Nova Financial & Investment Corporation?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.