Looking for a new home loan? Then check out our NASB Mortgage review! We’ll cover all the details about this lender, including rates, terms, pros, and cons.

So whether you’re just researching or buying a new home, this post will help you make a more informed decision! Keep reading to learn more about this lender.

North American Savings Bank, or NASB, is a Missouri-based bank and lender. Its products are offered throughout the U.S., helping people to achieve their financial goals nationwide.

This lender delivers a variety of home loan types to new borrowers, including conventional, jumbo, adjustable, and fixed-rate loans.

Also, customers can apply for government-backed VA and FHA loans and even refinance their mortgages.

Furthermore, NASB has FLEX loans destined for borrowers with unique credit situations. Also, they have Bank Statement loans designed to help self-employed borrowers.

With mortgage repayment options of 15 or 30-year terms, NASB requires a minimum down payment of as low as 3% of the property price.

NASB mortgage delivers lower rates compared to other lenders. Additionally, borrowers can access daily updated rates on this lender’s website.

Eligible borrowers from the Kansas City metropolitan area might be able to use the Good Neighbor Program.

This program allows them to avoid lender fees and access credit to help them cover closing costs.

Also, in eligible cases, borrowers can enjoy the On-Time Closing Guarantee, a program that offers up to $1,000 to cover closing costs in case NASB causes your loan to close late.

NASB Mortgage appears as an excellent lender for anyone looking for rate transparency and trustworthy service. However, you must consider all this lender’s details before deciding.

Then let’s take a closer look at this lender’s benefits and drawbacks to help you with that! Check it out!

NASB Mortgage requires a minimum credit score of 620 for conventional loans. For a jumbo loan, borrowers will need to have a least 690.

However, you can still qualify for the NASB’s Good Neighbor Program with a credit score of 580. Therefore, the lender will consider other factors in your application process.

NASB Mortgage delivers a simple application process. Borrowers apply at the website through a friendly-user process.

So keep reading if you’re interested in learning more about how to apply for the NASB mortgage. The following article will provide all the information you need. Let’s go!