# Thomas Faille Mortgage Team | Novus Home Mortgage

> Thomas Faille Mortgage Team | Novus Home Mortgage

## Blog
- [What Is a Mortgage Loan Estimate and How Should You Review It?](https://thefailleteam.com/what-is-a-mortgage-loan-estimate-and-how-should-you-review-it/): Buying a home involves many numbers, from the purchase price and down payment to the interest rate, monthly payment, and…
- [What Is Replacement Cost Coverage for Rental Property Insurance?](https://thefailleteam.com/what-is-replacement-cost-coverage-for-rental-property-insurance/): When insuring a rental property, one of the most important decisions a landlord may need to make is how property…
- [How to Insure a Rental Property: What Landlords Need to Know](https://thefailleteam.com/how-to-insure-a-rental-property-what-landlords-need-to-know/): Owning a rental property can provide an opportunity to generate income, but it also comes with financial risks. A fire,…
- [What Is a Mortgage Rate Lock Extension and When Might You Need One?](https://thefailleteam.com/what-is-a-mortgage-rate-lock-extension-and-when-might-you-need-one/): A mortgage rate lock can give homebuyers more certainty about the interest rate they will receive when their loan closes.…
- [What Is a Mortgage Servicer and What Do They Do?](https://thefailleteam.com/what-is-a-mortgage-servicer-and-what-do-they-do/): Getting a mortgage is often associated with the lender or mortgage professional who helps you finance your home. But after…
- [What Is a Mortgage Commitment Letter and What Happens After You Receive One?](https://thefailleteam.com/what-is-a-mortgage-commitment-letter-and-what-happens-after-you-receive-one/): Understand what a mortgage commitment letter is and how it differs from pre-approval. Learn the steps to secure your home loan and ensure a smooth closing.
- [What Happens During Mortgage Underwriting and How Long Does It Take?](https://thefailleteam.com/what-happens-during-mortgage-underwriting-and-how-long-does-it-take/): Mortgage underwriting is one of the most important stages of the homebuying process. It is when the lender takes a…
- [What Is Mortgage Escrow and How Does It Work?](https://thefailleteam.com/what-is-mortgage-escrow-and-how-does-it-work/): Understand how mortgage escrow works to manage your property taxes and homeowners insurance. Learn why payments fluctuate and explore expert guidance.
- [What Happens If a Home Appraisal Comes in Low?](https://thefailleteam.com/what-happens-if-a-home-appraisal-comes-in-low/): What happens if a home appraisal comes in low? Learn effective strategies to navigate this hurdle, from price negotiations to loan adjustments. Read our guide.
- [Buying a Home After Paying Off Student Loans: Does It Improve Your Mortgage Options?](https://thefailleteam.com/buying-a-home-after-paying-off-student-loans-does-it-improve-your-mortgage-options/): Does paying off student loans guarantee better mortgage options? Learn how debt-to-income ratios and financial health impact your home loan. Discover more.
- [Can You Use an Inheritance to Buy a Home? What Homebuyers Need to Know](https://thefailleteam.com/can-you-use-an-inheritance-to-buy-a-home-what-homebuyers-need-to-know/): Using an inheritance to buy a home? Learn how to navigate down payments, documentation, and underwriting with expert guidance. Discover how to plan today.
- [Can You Get a Mortgage After Retirement? What Retired Homebuyers Should Know](https://thefailleteam.com/can-you-get-a-mortgage-after-retirement-what-retired-homebuyers-should-know/): Can you get a mortgage after retirement? Learn how to qualify using Social Security, pensions, and investments. Discover expert guidance from the Faille Team.
- [What Is an Asset Utilization Mortgage and Who Can Benefit From One?](https://thefailleteam.com/what-is-an-asset-utilization-mortgage-and-who-can-benefit-from-one/): What Is an Asset Utilization Mortgage and Who Can Benefit From One? Traditional mortgage qualification often focuses on income from…
- [Can You Buy a Home After Bankruptcy? Here's What You Need to Know](https://thefailleteam.com/can-you-buy-a-home-after-bankruptcy-heres-what-you-need-to-know/): Can you buy a home after bankruptcy? Learn the timeline requirements for FHA, VA, and conventional loans in 2026. Discover how to qualify and start today.
- [What Does "Clear to Close" Mean? Your Final Steps Before Getting the Keys](https://thefailleteam.com/what-does-clear-to-close-mean-your-final-steps-before-getting-the-keys/): What Does "Clear to Close" Mean? Your Final Steps Before Getting the Keys Receiving the words "Clear to Close" is…
- [How to Prepare Financially for Life After Closing on Your Home](https://thefailleteam.com/how-to-prepare-financially-for-life-after-closing-on-your-home/): Prepare financially for life after closing on your home with expert guidance.
- [What Documents Do You Need for Mortgage Pre Approval?](https://thefailleteam.com/what-documents-do-you-need-for-mortgage-pre-approval/): What Documents Do You Need for Mortgage Pre Approval? Getting pre approved for a mortgage is one of the most…
- [How Much Home Can You Really Afford Based on Your Income?](https://thefailleteam.com/how-much-home-can-you-really-afford-based-on-your-income/): How Much Home Can You Really Afford Based on Your Income? One of the first questions homebuyers ask is how…
- [How Self Employed Borrowers Can Qualify for a Mortgage Without Using Traditional Tax Returns](https://thefailleteam.com/how-self-employed-borrowers-can-qualify-for-a-mortgage-without-using-traditional-tax-returns/): Secure your dream home faster! Discover the essential documents needed for mortgage pre-approval with the Thomas Faille Mortgage Team.
- [Can You Buy a Home With No Down Payment? Understanding USDA and VA Loans](https://thefailleteam.com/can-you-buy-a-home-with-no-down-payment-understanding-usda-and-va-loans/): Discover the essential documents needed for mortgage pre-approval. Thomas Faille Mortgage Team guides you through a confident homebuying journey.
- [Why Mortgage Pre-Approval Is One of the Most Important Steps in Buying a Home](https://thefailleteam.com/why-mortgage-pre-approval-is-one-of-the-most-important-steps-in-buying-a-home/): Secure your dream home! Learn what documents you need for mortgage pre-approval with the Thomas Faille Mortgage Team. Get started today!
- [How Self Employed Homeowners Can Use Business Bank Statements for a High Leverage Cash Out Refinance](https://thefailleteam.com/how-self-employed-homeowners-can-use-business-bank-statements-for-a-high-leverage-cash-out-refinance/): Self-employed homeowners: Unlock cash-out refinancing using business bank statements. Discover how with the Thomas Faille Mortgage Team.
- [How Sole Proprietors Can Qualify for a Mortgage Using Bank Statements Instead of Tax Returns](https://thefailleteam.com/how-sole-proprietors-can-qualify-for-a-mortgage-using-bank-statements-instead-of-tax-returns/): Discover the essential documents needed for mortgage pre-approval. Our guide simplifies the homebuying journey for confident decisions.
- [What Is Mortgage Underwriting and Why Does It Matter?](https://thefailleteam.com/what-is-mortgage-underwriting-and-why-does-it-matter/): Understand mortgage pre-approval! Discover the essential documents needed to secure your home loan with confidence. Let us guide you.
- [What Is an Asset Utilization Loan and Who Can Benefit From It](https://thefailleteam.com/what-is-an-asset-utilization-loan-and-who-can-benefit-from-it/): Unlock your homeownership journey! Discover the essential documents needed for mortgage pre-approval with the Thomas Faille Mortgage Team.
- [What Buyers Should Avoid Doing During the Mortgage Approval Process](https://thefailleteam.com/what-buyers-should-avoid-doing-during-the-mortgage-approval-process/): Secure your dream home! Discover the essential documents needed for mortgage pre-approval with the Faille Team. Get informed, get approved.
- [How Business Owners Can Prepare Their Finances Before Applying for a Mortgage](https://thefailleteam.com/how-business-owners-can-prepare-their-finances-before-applying-for-a-mortgage/): Business Owners: Learn how to prepare your finances for a mortgage. Discover essential steps for organizing records and improving loan approval odds.
- [How Long Does It Take to Buy a Home? A Step-by-Step Mortgage Timeline](https://thefailleteam.com/how-long-does-it-take-to-buy-a-home-a-step-by-step-mortgage-timeline/): Understand the mortgage pre-approval process. Discover the essential documents needed to secure your home loan with the Thomas Faille Mortgage Team.
- [Can You Get a Mortgage With 1099 Income? A Guide for Independent Contractors](https://thefailleteam.com/can-you-get-a-mortgage-with-1099-income-a-guide-for-independent-contractors/): Can You Get a Mortgage With 1099 Income? A Guide for Independent Contractors The workforce has changed dramatically over the…
- [Can You Use Gift Funds to Buy a Home? What Borrowers Need to Know](https://thefailleteam.com/can-you-use-gift-funds-to-buy-a-home-what-borrowers-need-to-know/): Can You Use Gift Funds to Buy a Home? What Borrowers Need to Know Saving for a home can take…
- [What Is a Business Bank Statement Loan and Who Is It Best For?](https://thefailleteam.com/what-is-a-business-bank-statement-loan-and-who-is-it-best-for/): Unlock homeownership! Discover the essential documents needed for mortgage pre-approval with The Faille Team. Get informed and get ready to buy.
- [Can You Qualify for a Mortgage Using Retirement Assets?](https://thefailleteam.com/can-you-qualify-for-a-mortgage-using-retirement-assets/): Can You Qualify for a Mortgage Using Retirement Assets? Many homebuyers assume they need traditional employment income to qualify for…
- [What Is a Sole Proprietor Bank Statement Mortgage and How Does It Work?](https://thefailleteam.com/what-is-a-sole-proprietor-bank-statement-mortgage-and-how-does-it-work/): What Is a Sole Proprietor Bank Statement Mortgage and How Does It Work? For many self-employed professionals, obtaining a mortgage…

## About
- [Our Team](https://thefailleteam.com/our-team/): Meet the Thomas Faille Mortgage Team | Novus Home Mortgage. Our experts guide you through a seamless home financing journey with expertise and clarity.
- [Lisa Coghlan](https://thefailleteam.com/our-team/lisa-coghlan/): [vc_row type="full_width_content" full_screen_row_position="middle" column_margin="default" equal_height="yes" content_placement="middle" column_direction="default" column_direction_tablet="default" column_direction_phone="default" scene_position="center" text_color="dark" text_align="left" row_border_radius="none" row_border_radius_applies="bg" row_position_desktop="default" row_position_tablet="inherit" row_position_phone="inherit" overflow="visible" overlay_strength="0.3" gradient_direction="left_to_right"…
- [Bank Statement Loan - Purchase- Rented a chair as a Barber -Sole Properietor  ( who cuts your hair?)](https://thefailleteam.com/loan-programs/sole-proprietor-bank-statement-mortgage/): Sole proprietors can now secure mortgages with bank statement loans. Learn eligibility and apply with Thomas Faille Mortgage Team for tailored financing.
- [BUSINESS BANK STATEMENT-Realtor and Developer](https://thefailleteam.com/loan-programs/realtor-and-developer-bank-statement-cash-out/): Realtor/Developer bank statement cash-out loans by Thomas Faille Mortgage Team. Access equity for luxury properties. Get a quote!
- [Business BANK STATEMENT : Used car dealership owner](https://thefailleteam.com/loan-programs/business-bank-statement-loan/): Business Bank Statement Loans by Thomas Faille Mortgage Team | Novus Home Mortgage in Crown Point, IN. Secure financing based on business income. Get a quote.
- [Asset Utilization: Professional Poker Player](https://thefailleteam.com/loan-programs/asset-utilization-loan/): Asset Utilization Loans by Faille Team: Qualify with assets, not just income. Learn benefits & eligibility. Get a quote!
- [BUSINESS BANK STATEMENT (12 Months):85% Cash Out Refi](https://thefailleteam.com/loan-programs/business-bank-statement-cash-out-refi/): Business bank statement cash-out refi in Indiana. Thomas Faille Mortgage Team offers tailored solutions. Get a quote!
- [PERSONAL BANK STATEMENT (12 Months) Pizza Delivery Driver 10 Years Self Employed-Sole Proprietor](https://thefailleteam.com/loan-programs/sole-proprietor-bank-statement-loan/): Sole Proprietor Bank Statement Loans by Thomas Faille Mortgage Team. Self-employed? Get pre-approved. Apply online!
- [Renovation Mortgage](https://thefailleteam.com/loan-programs/rehab/): Finance your home renovation with Faille Team's rehab loans. Combine purchase & repair costs. Get expert guidance & competitive rates. Apply now!
- [Jumbo Mortgage](https://thefailleteam.com/loan-programs/jumbo/): Jumbo loans from Thomas Faille Mortgage Team. Exceed conventional limits for higher-value homes. Get clear guidance from application to closing.
- [Down Payment Plus](https://thefailleteam.com/loan-programs/down-payment-plus/): Get up to $15,000 in down payment assistance! Learn about Down Payment Plus from Thomas Faille Mortgage Team.
- [VA Mortgage](https://thefailleteam.com/loan-programs/va/): Explore VA Home Loans with the Thomas Faille Mortgage Team. Discover benefits like no down payment and learn eligibility requirements. Request a quote today.
- [FHA Mortgage](https://thefailleteam.com/loan-programs/fha/): Explore FHA home loans with the Thomas Faille Mortgage Team. Discover benefits and eligibility for low down payment options. Apply online today.
- [Conventional Mortgage](https://thefailleteam.com/loan-programs/conventional/): Conventional home loans with The Faille Team. Learn benefits & eligibility. Get expert guidance for your home financing.
- [Loan Programs](https://thefailleteam.com/loan-programs/): Thomas Faille Mortgage Team: Explore Conventional, FHA, VA, Jumbo & Renovation loans. Find your perfect home financing solution.

## Salient_g_sections
- [Programs](https://thefailleteam.com/?salient_g_sections=programs): [vc_row type="full_width_background" full_screen_row_position="middle" column_margin="default" equal_height="yes" content_placement="middle" column_direction="default" column_direction_tablet="default" column_direction_phone="default" scene_position="center" top_padding="2%" bottom_padding="6%" text_color="dark" text_align="left" row_border_radius="none" row_border_radius_applies="bg" row_position_desktop="default" row_position_tablet="inherit" row_position_phone="inherit" overflow="visible"…
- [All Mortgage Calculators](https://thefailleteam.com/?salient_g_sections=all-mortgage-calculators): [vc_row type="full_width_background" full_screen_row_position="middle" column_margin="default" column_direction="default" column_direction_tablet="default" column_direction_phone="default" scene_position="center" top_padding="10%" bottom_padding="10%" text_color="dark" text_align="left" row_border_radius="none" row_border_radius_applies="bg" row_position_desktop="default" row_position_tablet="inherit" row_position_phone="inherit" overflow="visible" enable_gradient="true" color_overlay="#333333"…

## Optional
- [llms-full.txt](https://thefailleteam.com/llms-full.txt): Extended version with full content