Loan Programs

First-Time Homebuyer Mortgage Programs

From the terminology to the paperwork, buying your first home can seem overwhelming. For many people this will be the single largest purchase they ever make, so it isn’t a decision to take lightly.

The good news is that there are mortgage programs created to help first-time homebuyers achieve the dream of homeownership. Here are 5 programs that might help:

  1. FHA Loan: The Federal Housing Administration guarantees a portion of home loans to make it easier for more people to own a home. With lower credit standards and lower down-payments, FHA loans can help make the dream of homeownership a reality.

  2. VA Loan: The U.S. Department of Veterans Affairs helps service members, veterans and surviving spouses buy homes often requiring no down payment or mortgage insurance.

  3. USDA Loan: Not many people know that the U.S. Department of Agriculture has a homebuyer’s assistance program that targets rural areas and allows 100% financing by offering lenders mortgage guarantees. Talk to a lender to understand the income limitations that vary by region.

  4. Good Neighbor Program: NASB is committed to encouraging home ownership in underserved areas of the Kansas City community. Our Good Neighbor program is based on property location or the household income of applicants and provides easier standards to qualify for credit, special terms and no lender fees.

  5. Fannie and Freddie: Fannie Mae and Freddie Mac are government-sanctioned companies that work with lenders to offer some appealing mortgage options, like 3% down-payments.

Why Choose NASB for Your First Home Loan?


Comprehensive Reliability:


Giving you greater access to ask your questions anytime you need an answer.

We Have Options:


NASB offers several ways to find the best loan for you!

Responsive Customer Support:


Our customer service ranks among the top support networks in the nation, giving you peace of mind.

Handled By a Pro:


Our loan experts know how to compete and find the best rates for your mortgage.

Let's Talk!

To begin the loan process, contact one of our loan consultants today. Click here to download our free guide