Are you in the market for a mortgage but don’t fit standard requirements? So we’ll discuss a lender that works with various audiences in this NASB Mortgage review.

NASB offers many nonstandard loans with higher amounts and more flexible underwriting guidelines than other mortgages. So read on to learn more!

The National Association of Savings Banks (NASB) offers a range of loan options, such as jumbo loans, self-employed borrower programs, and nonstandard mortgages.

Therefore, our NASB mortgage review starts with its loan options explained.

Self-employed borrowers can prove their income with bank statements instead of tax returns and pay stubs.

This product allows you to buy a house before selling the current one.

With this type of loan, the house is foreclosed if you default payments, but your IRA is protected.

Furthermore, the house used as collateral can’t be a primary residence, only an investment property.

Borrowers can use their assets as collateral to qualify for a mortgage.

Good for people with nonstandard sources of income, and those who have recently experienced bankruptcy or foreclosure can get the money they need quickly.

This mortgage is for people who want to buy a condo that doesn’t fit conventional guidelines.

NASB Mortgage’s programs are also designed to help low-income and moderate borrowers purchase homes in Kansas and Missouri.

Good for those who have experienced bankruptcy in the last two years or foreclosure that happened four years ago or more.

As you can note in this review, NASB Mortgage is good for borrowers that don’t fit standard requirements. Check out its pros and cons before considering getting it.

Yes, it does. Therefore, your credit score is a primary factor in receiving loan approval from NASB. But the precise score will depend on the kind of home loan you select.

Are you ready to apply for a NASB Mortgage? We can help make it simple! So just check out our post below!