Need to get in touch? We are here to help.
I'd like to...
Find what you’re looking for.
North American Savings Bank (NASB) is a national non‑QM mortgage lender offering flexible home loan options for borrowers who don’t fit traditional underwriting — from DSCR loans for rental properties to bank statement/1099 and asset‑based programs, plus IRA non‑recourse financing for self‑directed investors.
Qualify with cash flow, alternative docs, or assets
700 minimum credit score
Great option for investors and self‑employed borrowers
Summary‑level options to help you find the right path. Full details live on each product page.
Best for: Real estate investors
Qualify based on rental property cash flow for long‑term or short‑term rentals.
Best for: Self‑employed borrowers
Use 12–24 months of personal or business bank statements instead of tax returns.
Best for: Contractors & freelancers
Qualify using 1099 income and alternative documentation.
Best for: High‑net‑worth borrowers
Qualify using liquid assets rather than monthly income.
Best for: Self‑directed investors
Finance investment property inside a self‑directed IRA structure.
Best for: Recent credit setbacks
Considers the full financial picture after events like bankruptcy or foreclosure.
If you are self-employed or a 1099 contractor looking to purchase a home, contact NASB. They will do their absolute best to make it happen!
| Feature | Conventional Mortgage | Non‑QM Mortgage (NASB) |
|---|---|---|
| Income documentation | W‑2s and tax returns | Cash flow, bank statements, 1099s, or assets |
| Qualification focus | Strict debt‑to‑income (DTI) | Overall financial picture |
| Self‑employed friendly | Limited | Yes |
| Investor use | Limited options | DSCR options available |
| Underwriting flexibility | Lower | Higher |
Availability and requirements vary by program, property type, and location.
Answer a few easy questions to get your personalized recommendations and custom rate quote from one of our loan experts.
Choose from a residence to an investment property.
We offer loans for most occupational situations.
Knowing your credit score helps us match you with the right loan product.
Your down payment can affect your rate and monthly payments.
Sorry, we do not currently offer any investment property loans without a minimum 20% down payment.
Sorry, we do not currently offer any primary or secondary home loans without a minimum 10% down payment.
By knowing where you live, we can match you with your state's current mortgage regulations.
Just provide your information below and you'll be on your way to achieving your goals!
By clicking the Submit button you agree that you are providing an electronic signature expressly authorizing NASB to contact you by telephone at any of the telephone number(s) provided above using an automatic telephone dialing system or an artificial or prerecorded voice or via text/SMS message, even if the telephone number is assigned to a cellular telephone service or other service for which the called party is charged. NASB may also contact you via email using any email address you provided. This authorization overrides any previous registration on a federal, state or corporate Do Not Call Registry or any internal NASB privacy or solicitation preference you have previously expressed. You are not required to provide this authorization as a condition of purchasing any property, goods or services from NASB. As an alternative, you may call us directly at (866) 627-7119 and we will process your request over the phone.
NASB offers multiple Non‑QM options, including Bank Statement, 1099, DSCR, Asset Depletion, Jumbo, Bridge, Portfolio, Credit Event, and Non‑warrantable Condo loan solutions. Broadly, Non‑QM is an umbrella category that encompasses alternative documentation and investor‑focused programs.
The NASB Difference
Most non-QM options run through a broker or correspondent channel — multiple parties, investor overlays, and guidelines that can shift. NASB is a different structure entirely.
Mortgage broker or correspondent — originates loans on behalf of a third-party investor
Federally chartered savings bank — a direct lender with its own capital and charter
Outsourced or investor-delegated — decisions often made by a party that never meets your borrower
Fully in-house underwriting team — one group owns your file from submission to clear-to-close
Loans are sold to outside investors — the lender has no stake in the outcome after closing
NASB retains loans in its own portfolio — we remain committed to the loan long after it closes
Guidelines set by external investors — overlays can change without notice based on investor appetite
NASB sets its own credit policy — stable, portfolio-backed guidelines not subject to investor changes
Investor overlays leave little room for file-level exceptions — borderline loans often decline
Common-sense credit review allows for compensating factors and file-by-file consideration
State-licensed mortgage company — regulatory requirements vary by state
OCC-regulated federally chartered institution — consistent federal oversight and accountability
Broker origination fees and lender markups layered onto the rate — multiple parties taking margin
Direct lender pricing — no broker intermediary added to the cost structure
Multiple parties involved — broker, lender, and investor all weigh in, adding time and friction
Single decision-making team — underwriting, credit, and closing under one roof means faster answers
NASB is one of the largest portfolio lenders in the country — with dedicated non-QM programs, in-house underwriting, and the stability of a federally chartered institution.
Talk to a Loan Officer
If you click “Continue” an external website that is owned and operated by a third-party will be opened in a new browser window. North American Savings Bank provides links to external web sites for the convenience of its members. These external web sites may not be affiliated with or endorsed by the bank. Use of these sites are used at the user’s risk. These sites are not under the control of North American Savings Bank and North American Savings Bank makes no representation or warranty, express or implied, to the user concerning:
Using a hyperlink may identify you as a North American Savings Bank member to the operator of the external site.
North American Savings Bank does not provide and is not responsible for the product, service or overall website content available at these sites. The privacy policies of North American Savings Bank do not apply to linked websites and you should consult the privacy disclosures on these sites for further information.
If you click “Cancel“ you will be returned to the North American Savings Bank website.
