Conventional Loans

Conventional loans tend to be attractive to borrowers because they do not require mortgage insurance once you have 20% equity in your home. Often times, this makes these a highly attractive option for well-qualified borrowers.

First-Time Home Buyer? We want to talk to you!

We get it. The home buying process can be a daunting task.  But don't fear! We have a team of experts who are excited to talk to you about your first home purchase.  We will provide you with a step-by-step process designed to provide the best conventional loan buying experience possible.  Contact us today to get started!

North American Savings Bank will help guide you through the financial responsibilities of closing costs, what to expect from monthly payments and other various financial situations unique to home ownership.  We recommend getting pre-approved for your conventional mortgage loan before you contact a realtor.

Conventional Loan Requirements for Paperwork:

  • Clear copy of your Driver’s License, Passport or State ID Card
  • Paystubs covering most recent 30 day pay period
  • Complete bank statements for the past 2 months – all pages
  • All W-2’s for last two years
  • Purchase agreement, all pages and amendments (fully executed)
  • Copy of cleared earnest deposit check, both front and back, or a copy of your bank statement showing that the check has cleared – When available
  • Contact Information of Title Company handling settlement, if not in contract
  • Contact Information of Homeowner’s Insurance Agent/Company using, when available
  • Complete all e-signatures on loan application documents online for all borrowers and submit
  • Print, date, and sign in ink the required printed pages from the loan application documents online

Conventional Loan Qualifications - Contact Us!

North American Savings Bank can easily let you know if you qualify for a Conventional Loan.  NASB understands the home loan process, and our loan officers are ready to talk to you about your Conventional Loan lending options. Contact us today to begin the process. We are committed to providing you a professional home loan lending experience.

To receive a personalized rate quote, or get pre-qualified online, fill out the form, and a loan officer will be in contact with you.

You can also call us at 855-465-0753 to speak with a loan officer.

If you would prefer to schedule an appoint to talk, click here.

98% Customer Satisfaction Rating

Everyone I dealt with was a top notch professional.  It makes me even prouder having served my country, knowing I got this type of excellent treatment.  Thank you NASB and everyone involved.  Someday I would like to meet each and everyone involved in this transaction, you people are what America is made of, thank you again for the smooth transaction.

- John from Indiana


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My loan officer was always available to me, even when I would leave a message he would get back to me promptly. While working with NASB, I felt like he was working for me and not just his company. His team was very helpful in gathering information to complete my loan.

- Tracey from Oregon


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NASB and its staff are awesome. They actually have their act together and can help you navigate through the entire process with ease. This is my 3rd loan through them. I would highly recommend.

- Dale from Maryland