Novus Home Mortgage NMLS #423065
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At a glance
- Size8,425 home loans closed in 2025
- Loan typesConventional, FHA and VA
2025 figures are for Ixonia Bank's filing.
What it closes
Share of its 2025 home loans: 64% Conventional, 27% FHA, 7% VA and 2% Other types.
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Who is Novus Home Mortgage?
Novus Home Mortgage is a brand of Ixonia Bank (NMLS #423065), which is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Key Facts
- Lender or brokerNovus Home Mortgage
- Brand ofIxonia Bank, NMLS #423065
- NMLS #423065
- Profile updated
- Biography reviewed byPaige Sutton, NMLS #1888684 ()
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Bank facts
Ixonia Bank held $1,075,557,000 in total assets as of June 30, 2026, per the FDIC (certificate 12514). The FDIC and NMLS records both place it in Ixonia, Wisconsin. FDIC deposit insurance covers deposits held at the bank. It is the bank's coverage and does not extend to any mortgage.
About Novus Home Mortgage
Overview
Ixonia Bank is a Wisconsin community bank serving personal and business banking customers. For borrowers researching a home purchase, the bank includes buying a home among its consumer banking services.
Locations
Ixonia Bank has Wisconsin offices in Ixonia, Dousman, Milwaukee, and Oconomowoc.
Company details and licensing
Ixonia Bank is a corporation formed in Wisconsin on October 24, 2002. Its headquarters are at W1046 Marietta Ave., Ixonia, Wisconsin 53036. NMLS company ID is 423065, and its primary regulator is the Federal Deposit Insurance Corporation.
The company also uses trade names including ISB Community Bank, homebuyer.com, and ICD Mortgage, a division of Ixonia Bank. Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #423065 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS registry records. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Additional information
Reported application outcomes and pricing, 2025
- Filed asIxonia Bank
- 2025 home loan decisionsOf 8,930 applications decided by Ixonia Bank in 2025, 8,425 were originated, 82 were approved but not accepted by the borrower, and 423 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 95.3%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 2,850 applications were withdrawn by the borrower, 218 were closed for incompleteness, and 10 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.589 percentage points above the average prime offer rate (reported on 7,815 originations, 610 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$7,269.52 — originated closed-end household loans, 2025, 7,810 of 7,815 loans. FFIEC HMDA data browser.
- Median origination charges$2,680.57 — originated closed-end household loans, 2025, 7,811 of 7,815 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types5,354 Conventional, 2,282 FHA, 581 VA, 208 USDA — of 8,425 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for Ixonia Bank — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
Frequently Asked Questions
What is Novus Home Mortgage's NMLS number?
Novus Home Mortgage's NMLS number is 423065. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Where can I learn more about Novus Home Mortgage?
This page has Novus Home Mortgage's NMLS registration and company facts, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.