Your Mortgage FAQs - Frequently Asked Questions Answered by The Heath Team

How Will Your Client's Student Loan Impact Buying A Home

How Will Your Client’s Student Loan Impact Buying A Home

Hi, it's Tom Heath with the Mortgage Guidance Group at Nova Home Loans. And this is our weeklyinstallment of mortgage and real estate related...
What Other Ways Can I Help My Clients Prepare for Home Ownership?

What Other Ways Can I Help My Clients Prepare for Home...

Hi! This is Tom Heath with the Heath Team at NOVA Home Loans and this is our weekly installment of Mortgage and Real Estate...
How Fast Can I Order an Appraisal for My Clients

How Fast Can I Order an Appraisal for My Clients?

Hi, it's Tom Heath with the Heath Team at Nova Home Loans and this is our weekly installment of Mortgage and Real Estate Related...
Does NOVA Home Loans Charge Lender Fees for VA Loans?

Does NOVA Home Loans Charge Lender Fees for VA Loans?

Hi. This is Tom Heath with the Heath Team of NOVA Home Loans and this is our weekly installment of Mortgage and Real Estate...
Special NOVA Home Loans Program Offers Great Rates on New Construction Homes

Special NOVA Home Loans Program Offers Great Rates on New Construction...

Hi, it's Tom Heath with the Heath Team at Nova Home Loans. This is our weekly update on Mortgage and Real Estate Related Matters....
Why Are Mortgage Interest Rates for Second Homes Going Up?

Why Are Mortgage Interest Rates for Second Homes Going Up?

Hi! It's Tom Heath with the Heath Team at Nova Home Loans and this is our weekly update on Mortgage and Real Estate Related...
What is the FED Funds Rate and How Does it Affect My Client's Mortgage Interest Rate?

What is the FED Funds Rate and How Does it Affect...

Hi! Tom Heath with the Heath Team at Nova Home Loans. This is our weekly installment of Mortgage and Real Estate Related Matters. And...
Why Might the Interest Rates on Investment Homes Be Going Up?

Why Might the Interest Rates on Investment Homes Be Going Up?

https://www.youtube.com/watch?v=b-tGXCvyU6Q Hi Tom Heath with the Heath Team at Nova Home Loans. This is our weekly installment of mortgage and real estate related matters. Today...
Why Does Your Client Need a Backup Funding Solution with the Pathway to Purchase Program?

Why Does Your Client Need a Backup Funding Solution with the...

https://www.youtube.com/watch?v=Y_AA4Jvxae0 Hi, Tom Heath with the Heath Team at Nova Home Loans and this is our weekly update on mortgage and real estate related matters....
NOVA Home Loans is Working Hard to Better Server You and Your Clients

NOVA Home Loans is Working Hard to Better Server You and...

Hi, it's Tom Heath with the Heath Team at Nova Home Loans. Today is February 8th and this is our weekly installment of Mortgage...
How To Get Your Real Estate Client a $2,000 Tax Credit EACH YEAR with Tom Heath of NOVA Home Loans

How To Get Your Real Estate Client a $2,000 Tax Credit...

Good morning! Tom Heath with the Heath Team at Nova Home Loans. Today is February 1st and this is our weekly installment of Mortgage...
How Will The Program Changes to USDA and DACA Affect You and Your Clients?

How Will The Program Changes to USDA and DACA Affect You...

Good morning! This is Tom Heath with the Heath Team at Nova Home Loans. Today is January 25th and this is our weekly installment...
Why Is Your Client's Credit Score Different From What They Expected?

Why Is Your Client’s Credit Score Different From What They Expected?

Good morning. It's Tom Heath with the Heath Team at NOVA Home Loans. Today is January 11th, 2021, and this is our weekly update...
Support Local Businesses - Your Homes Value Depends on Your Strong Community

Support Local Businesses – Home Values Depend on A Strong Community

Good morning. Tom Heath with the Heath Team at Nova Home Loans. Today is December 21st, and this is our weekly installment of Mortgage...
Down Payments for Freddie Mac First Time Buyer Program Go Up Next Year

Down Payments for Freddie Mac First Time Buyer Program Go Up...

Good morning, Tom Heath with the Heath Team at Nova Home Loans. Today is December 14th. and this is our weekly update on Mortgage...
More Buying Power For Your Clients - Mortgage and Real Estate Matters with Tom Heath

More Buying Power For Your Clients in 2021 – Monday Mortgage...

Good morning. My name is Tom Heath with the Heath Team at Nova Home Loans. Today is December 7th and this is our weekly...
Thank You For Your Continued Support Through a Challenging Year

Thank You For Sticking With Us During These Challenging Times

Good morning! This is Tom Heath with The Heath Team at Nova Home Loans. Today is November 23rd and this is our weekly update...
Do I Need a Road Maintenance Agreement When Buying a Home on a Private Road?

Do I Need a Road Maintenance Agreement When Buying a Home...

Hi, good morning! My name is Tom Heath with the Heath Team at Nova Home Loans. Today is November 16th and this is our...
Mortgage Interest Rates - Have We Seen The Bottom

Mortgage Interest Rates – Have We Seen The Bottom?

Good morning, It's Tom Heath with the Heath team at Nova Home Loans. This is our weekly update on mortgage and real estate matters...
When is a Home Classified as a Second Home - Mortgage and Real Estate Matters with Tom Heath

When Is A Home Classified As A Second Home – Mortgage...

Tom Heath with The Heath Team at Nova Home Loans here! I want to wish you a very happy welcome to the month of...
How Will Next Weeks Election Effect Mortgage Interest Rates?

How Will Next Weeks Election Affect Mortgage Interest Rates? – Mortgage...

Good morning! It's Tom Heath with the Heath Team at Nova Home Loans. Today is October 26th and this is our final installment for...
My Client is a Surviving Spouse of a Deceased Veteran. Are they VA Eligible? - Mortgage and Real Estate Matters with Tom Heath

My Client is a Surviving Spouse of a Deceased Veteran. ...

Good morning! Tom Heath for the Heath Team at Nova Home Loans. Today is October 19th and this is our weekly installment of Mortgage...
5 Keys to Business Planning in 2020 - Monday Mortgage and Real Estate Matters with Tom Heath and The Heath Team at NOVA Home Loans

5 Keys to Business Planning in 2021 – Mortgage and Real...

Good morning! Tom Heath with the Heath Team at Nova Home Loans. Today is October 12th and this is our weekly installment of Mortgage...
Will Interest Rates Go Up or Down in 2021?

Will Interest Rates Go Up or Down in 2021?

Good morning, Tom Heath with the Heath Team at Nova Home Loans. Today is October 5th, and this is our weekly update on mortgage...
How Will Solar Panels Affect Your Home Loan Prequalification - Monday Mortgage and Real Estate Matters with Tom Heath

How Will Solar Panels Affect Your Home Loan Prequalification? Monday Mortgage...

Good morning, Tom Heath with the Heath Team at Nova Home Loans. Today is September 28th. And this is our final update of the...
Tom Answers You Appraisal Waiver Questions - Monday Mortgage and Real Estate Matters

Tom Answers You Appraisal Waiver Questions – Monday Mortgage and Real...

Good morning, Tom Heath with the Heath Team at Nova Home Loans. Today is Monday September 21st and this is our weekly installment of...
Great News for Realtors - Tucson Relocation is Top Google Search Term

Great News for Realtors – Tucson Relocation is Top Google Search...

Good morning. Tom Heath with the Heath Team at Nova Home Loans. Today is September 14th. And this is our weekly installment of mortgage...

Don’t Forget The Pre-Qual – Mortgage and Real Estate Matters with...

Good morning. My name is Tom Heath with the Heath Team at Nova Home Loans. Today is August 31st and this is our weekly...

How To Plan Your Real Estate Transaction Timeline – Mortgage Matters...

Good morning, my name is Tom Heath with the Heath Team at Nova Home Loans. Today is August 24th and this is our weekly...

Real or Fake: 1.99% Home Loans Real Estate and...

Good morning. My name is Tom Heath with the Heath Team at Nova Home Loans. Today is August 17th and this is our weekly...

Reduce Your Clients Tax Bill By $2,000 with a Mortgage Credit...

Good morning, my name is Tom Heath with The Heath Team at Nova Home Loans. Today is August 10th and this is our weekly...

How To Tell Condos From a Townhouses – Monday Mortgage Minute...

Good morning. My name is Tom Heath with the Heath Team at Nova Home Loans. Today is August 3rd. And this is our weekly...
Should You Waive the Appraisal Contingency in Your Next Contract? Find Out From Senior Loan Officer Tom Heath with NOVA Home Loans

Should You Waive the Appraisal Contingency in Your Next Contract? Find...

Good morning. My name is Tom Heath with the Heath Team at Nova Home Loans. Today is July 13th and this is our weekly...
How To Get Your Client a Manufactured Home or Condo Mortgage with Tom Heath of NOVA Home Loans

How To Get Your Clients a Manufactured Home and Condominium Mortgage...

Good morning, Tom Heath with The Heath Team at Nova Home Loans. This is our weekly update on mortgage and real estate matters. And...
What To Do With a Below-Price Appraisal

What To Do With a Below-Price Appraisal – Monday Mortgage Minute...

Good morning. My name is Tom Heath with the Heath Team at Nova Home Loans. Today is July 13th and this is our weekly...

Calling All REALTORS®! Get Your Clients a Delayed Financing with Tom...

Monday Mortgage Minute with Tom Heath of NOVA Home Loans - July 6 Good morning. Welcome to the second half of 2020. It's July 6....
Issues with Forbearance - Tucson Monday Mortgage Minute with Tom Heath and The Heath Team at NOVA Home Loans

Issues with Forbearance – Tucson Monday Mortgage Minute with Tom Heath...

Hi, good morning. It's June 22nd. My name is Tom Heath with the Heath Team at Nova Home Loans. And this is our weekly...
Monday Mortgage Minute with Tom Heath and The Heath Team at NOVA Home Loans

Interest Rates – Monday Mortgage Minute with Tom Heath and The...

Hi, good morning. This is Tom Heatt with the Heath Team at Nova Home Loans. Today is the 15th of June. We're halfway through...
Mortgage Matters with Tom Heath, Senior Loan Officer - NOVA Home Loans - Credit Scores

Mortgage Matters with Tom Heath, Senior Loan Officer – NOVA Home...

Good morning, it's June 8. My name is Tom Heath and this is your weekly update of Mortgage Matters that may be important to...
Monday Mortgage Update - May 11

Monday Mortgage Update – May 11

Good morning. It's Monday, May 11th. Hope you had a fantastic Mother's Day weekend. My name is Tom Heath with the Heath Team at...
Apply Now For You Tucson Home Loan

Weekly Tucson Mortgage Update – Credit Scores and Home Loan Programs

Good Monday morning. This is your weekly mortgage update and welcome to the month of May. It's May 4th. My name is Tom Heath...
Your Mortgage Questions Answered - Interest Rates, Home Loan Programs and Appraisals

Your Mortgage Questions Answered – Interest Rates, Home Loan Programs and...

Hi, this is Tom here from the Heath Team at Nova Home Loans.  I wanted to bring you an update from the mortgage world...
Did My Home Just Lose Value? - Understanding the Assessed Value

Did My Home Just Lose Value? – Understanding the Assessed Value

Each year the Pima County Assessor sends out the annual tax statement.  For those with a mortgage on the home, the loan servicer typically...
How to Prevent Your Credit Profile from Being Stolen - In the Know with Tom Heath

How to Prevent Your Credit Profile from Being Sold

It's called a "Trigger Lead”– a consumer applies for a home loan with The Heath Team or any other lender and within minutes, may...
Beware of Condominium Hurdles for Mortgages

Beware of Condominium Hurdles for Mortgages

 A condominium is a specific property type and the term can have a different meaning in different regions of the country. In Tucson, we...
What's Happening with Interest Rates?

Why Are Interest Rates Rising so Quickly?

Interest rates may not be fully controllable, but some entities have a say in how they fluctuate and react to the economy!   The...
“Mortgages Made Easy”, but Should They Be Easy?

“Mortgages Made Easy”, but Should They Be Easy?

When I see ads for “easy mortgage” or “no hassle loans” etc, I know what that really means– easier for the lender.   I’m...
Successful Homeowners Practice: Learn Habits of the Pros

Successful Homeowners Practice: Learn Habits of the Pros

We always advise a potential home buyer to schedule a meeting well in advance of when they anticipate buying. There are several reasons for...
Down Payment Assistance: Know the Full Story

Down Payment Assistance: Know the Full Story

Down Payment Assistance Programs (DPA) provide a boost over a major hurdle to homeownership– cash for the down payment. Most loan programs allow a...
How We Protect You From Wire Fraud

How We Protect You From Wire Fraud

We live in an increasingly electronic world where the speed of transactions is reduced to micro seconds. In the instant data age, we have to...
What is Mortgage Insurance?

What is Mortgage Insurance?

Traditional lenders expected borrowers to pay at least 20% of the purchase price from their own funds.  However, it’s become common for borrowers to...
How Interest Rates Come To Be

How Interest Rates Come To Be

How are interest rates determined? You have probably been hearing that interest rates are moving up.  What does that mean and why are they moving? Neither...
What is a FICO Credit Score?

What is a FICO Credit Score?

Good news, your credit score is 900!  Unfortunately, that doesn’t do much for you because it is not based on a formula recognized by...
What is a Down Payment?

What is a Down Payment?

Traditional lenders expected borrowers to pay at least 20% of the purchase price from their own funds.  However, it’s become common for borrowers to...
Can Seller Pay Closing Costs?

Can Seller Pay Closing Costs?

The seller, or any other third party may not contribute to the buyer’s down payment, but Loan programs allow them to contribute towards the...

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    Contact Tom Heath with Your Mortgage Questions

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