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NovaStar Mortgage

NovaStar Mortgage

www.novastarfinancial.com
What is your customer experience with NovaStar Mortgage?

NovaStar Mortgage Overview

The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.

Based on reviews, created with AI
Rating Distribution

NovaStar Mortgage has a 3.9 star rating from 1 review and overall customer sentiment is mostly neutral with mixed experiences reported.

Positive Feedback

Customers recall positive past experiences and an initial willingness from NovaStar Mortgage to assist with home loans and refinances.

Negative Feedback / Risk Areas

  • Repeated customer complaints about slow mortgage refinance processing and changing paperwork requests.
  • Issues with appraisal accuracy and disputed charges from a third-party appraiser and unclear billing or refund handling.
  • Difficulty reaching customer service by phone and unresolved refund of $370 reported.

Key Takeaways for Future Customers

  • Check NovaStar Mortgage reviews and ask for clear appraisal and third-party billing details before proceeding.
  • Document communications and confirm timelines when seeking a refinance or home loan to avoid delays.
  • Be prepared to follow up persistently with customer service on refunds and appraisal disputes.
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Turn one complaint into a collective action

PC collective complaint

A Collective Complaint helps you unite consumers dealing with the same issue, such as wrong charges, unexpected fees, damaged items, or misleading promises. It goes beyond a single review by growing stronger with every signature, making it harder to ignore. Once you reach 20 supporters, we’ll send it to the company to encourage a response.

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Mary M Bmg

Bout a home loan

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full

The call wouldn't go thought and really would like to talk to someone really need to buy a home my number is 859403**** or 859697**** thanks Mary could someone please call me since I can't get the call to go through I really would love to speak to someone bout getting a home Thank-you I had a mortgage though u all yrs ago and loved nova star

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Preferred solution: Like to get another mortgage though novastar

William R Txn

NOVASTAR MORTGAGE

We've been trying to close a mortgage refinance with NovaStar Mortgage since 6/2/07! First they took $370.00 from our checking through a "third-party" who then hired an appraiser.

She came to our home appraised our home incorrectly by comparing to houses that have 1/2 the land we do, no pool and 1/2 the bedrooms we do then came in under the city appraisal which we pay taxes for. We filed a complaint through BBB and she says to go to our lender. Well NovaStar nor the woman who appraised our home will give us the company information of who took our $370.00 and we cannot find the company anywhere??? Now NovaStar over a month later has been saying for a month "we need one more piece of paperwork from you" over and over it's always something new.

They said they'd pay for a second appraisal and never did we get one. Now they send us paperwork with an appraisal amount of $10,000 higher than the woman who appraised us $40,000 under the appraisal we had done 30 days before hers for a home equity loan through another company!!!!! We never got the 2nd appraisal, we never got our $370.00 back and because of this faulty appraisal putting our home's worth way under they've upped the rate and want us to pay $300.00 more per month for a mortgage payment than originally stated with our home's actual worth. It's a big scam and there's some fishy stuff with NovaStar Mortgage and I urge people to stay clear.

Now we're out $370.00 and no deal after 2 months!!!!!! They suck and we want everyone to know their scam

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