NASB Mortgage Review | Find the best loan for you


The North American Savings Bank, or NASB, is a Missouri bank and lender founded in 1927 that offers home loans nationwide. NASB offers a variety of mortgage options, including conventional, Federal Housing Administration, and Department of Veterans Affairs loans, as well as products for borrowers who might otherwise have difficulty obtaining a mortgage.

Best Features

  • The lender offers a variety of mortgage products.
  • There are loan programs that can be useful for independent borrowers and borrowers who may not meet typical loan requirements.
  • VA loans have no lender fees.


  • NASB only has physical loan offices in Missouri.
  • Not all NASB loan programs are available nationwide.

What types of mortgages does North American Savings Bank offer?

NASB offers a range of mortgage products including:

  • Fixed rate loans
  • Adjustable rate loans
  • AV loans
  • FHA Loans
  • Giant Loans
  • Bank statement loans
  • Refinancing

Lender options also include Flex Loans, which accept assets such as retirement accounts and trusts as income in the qualifying process. Clients with self-directed Individual Retirement Accounts looking to purchase investment property may consider NASB Non-Recourse Loans. The NASB is not currently accepting applications for home equity lines of credit, but home equity loans are available to NASB banking customers.

How does the North American Savings Bank mortgage work?

You can get a quote from the NASB by providing information online or over the phone. You can also use NASB’s Home Buying Advantage program to subscribers review your information before you find a home, allowing you to close faster. You can apply for a NASB home loan online, and you will also hear from a NASB loan officer.

What are NASB’s terms, fees and conditions?

You can check rates and fees for some of NASB’s mortgage products by entering information about yourself and your loan on the lender’s website. You’ll need to put down at least a 3% down payment for a conventional NASB fixed rate mortgage and a 10% down payment for a conventional ARM, although you’ll likely need private mortgage insurance if you’re making a down payment of less than 20 years old. %. You generally won’t have to make a down payment with a VA loan, and the NASB also doesn’t charge lender fees for VA loans. Closing costs will likely be around 3-5% of your purchase price. Other fees include a $2.75 fee if you use a non-NASB account to make an online payment on your loan.

What discounts does North American Savings Bank offer?

If you live in the Kansas City metro area, you may be able to use the Lender’s Good Neighbor Program, which waives NASB lender fees and comes with credit to help cover closing costs for eligible borrowers. The NASB also won’t charge the lender a fee for VA loans, and the Lender’s On-Time Closing Guarantee offers up to $1,000 to cover closing costs if NASB causes your loan to close late within eligible cases.

How can you qualify?

To get a conventional NASB loan, you may need to provide documents including two years of W-2 tax forms, your last two payslips and a copy of your driver’s license. Your maximum loan amount will depend on information such as your credit score, loan type, and debt-to-income ratio. The maximum DTI for a jumbo loan is 43%, whereas you could get a bank statement loan with a DTI up to 45%, a Flex loan with a DTI up to 48%, and a conventional loan with a DTI up to at 50%. Conventional loans require at least a 620 credit score, while other types of loans have different credit requirements.

What credit score do you need?

The FICO score you’ll need for a NASB loan depends on the type of loan you want, but you’ll need at least 620 for a conventional loan. You will need a credit score of 660 for a bank statement loan and 690 for one of the NASB jumbo or flex loans. You may qualify for the NASB’s Good Neighbor Program with a 580. The lender will also consider factors such as your DTI to determine how much you can borrow.

Where does NASB operate?

Although NASB only has physical loan offices in Missouri, it offers nationwide mortgages. Some products may have more limited availability. The Good Neighbor program, for example, is only available to eligible buyers in designated areas of Kansas and Missouri.

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Is the NASB reputable?

NASB has an A+ rating from the Better Business Bureau and the company is BBB accredited. Since 2010, the lender claims to have worked with more than 83,000 home loan customers.

How is North American Savings Bank customer service?

You can call NASB Customer Service at 800-677-6272 Monday through Friday from 7:30 a.m. to 5:30 p.m. Central Time. If you live in the Kansas City area, you can call 816-316-4000 during these same hours. You can also reach NASB by email through your online account or at [email protected]. There is also an online contact form on the lender’s website.

What are some of North American Savings Bank’s online features?

You can create an account on the NASB website to begin your loan application. You can also provide information online or over the phone to get a quote. You can pay your mortgage online, but you will incur a $2.75 fee to make a payment from a bank other than NASB.


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