NVR Mortgage

I am currently in the process of building a home and looking at NVR Mortgage (who partners with Ryan Homes) for the loan. Throughout the process, closing costs seem to just keep being added and added. Were supposed to be getting an over $15,000 sellers credit for using NVR mortgage through Ryan homes, however, it doesnt even cover closing costs anymore! They also claim to be giving us a lower rate, however, all they did was put more money on the closing costs to buy down the rate and acted like it was a deal. I will continue to add to this review as the process goes on so no more first time home buyers have to stress over shopping for a new mortgage 60 days out! Ive requested a call from a supervisor as well. Oh, and if Im not mistaken, NVR Inc owns NVR mortgage and Ryan Homes so the sellers credit literally does nothing except pad the bottom line for both companies so they can fluff up closing costs through subsidization from their sister company. Update: 1/27/23 @5:44pm supervisor confirmed everything above is true and that theyre not going to do anything about it. So dont take the bait on these guys when they offer you a sellers credit! There is literally no reason to use these people to service your mortgage. It has completely ruined our first home buying experience and may cause us to mess with our timeline now. I will be reporting to BBB as a first step
Dec 25th, 2022

Everything went well up to closing, I was told I was closing on a current day. They messaged me 3 days prior to closing with more stuff they needed and pushed my closing date back. I have already took off work and so did my co signer. They tried to get more money out of me for a POA, when the hold up wasnt me.
Mar 10th, 2022

Dec 1st, 2021

Im going to say that I certainly had my reservations of NVR from the start. Kyle put my mind at ease and was absolutely wonderful throughout the entire process. He did an outstanding job explaining things to us and communicating every step of the process. We always knew what was going on with his help. Kyle made this process a breeze and we are extremely thankful for him.
Jan 27th, 2021

As a Disabled Veteran I can say that this has been the worst experience of my entire life. If you are a Veteran/ and or getting social security do not use NVR. Anything from payments you get from the VA or social security they dont want to take because they cannot see a pay check or stub. Today at 11am was my closing. While I was walking in they tried to put a hold on my account. Any Military personal or Veteran please contact me and I will send you the over 200 email of complete none sense. They wanted my children under 18 their birth certificate and social security numbers. They wanted to know what I do with my kids in the summer. There were select people that actually were professional, and did their job Courtney, our project manager, and the title company including Jennifer was awesome and so was our Notary. Loan, loan officers everyone in between should honestly lose their job. They gave me hard dates I had to fulfill or they would threaten by saying well if youre refusing then we have to push back closing. But today is my closing and nothing has changed, not my financial, didnt buy cars, didnt use credit cards, nothing had change and yet they are still trying to stop the loan. Today I had to wait until 1220 until the papers started to come in. Most people see what they are going to sign days before hand. I had no idea. Then get told well congratulations on your house but we cant give you the keys until NVR pays their portion of the closing cost. So I have movers at 2:30 to move in and no keys to my house. Again, any military, or Veteran do not go through NVR. Ive bought 3 houses before this one and this will never happen again.
Aug 22nd, 2022