Mortgage options for people who don't check all the boxes.
NASB understands that for some folks, getting a mortgage loan can be difficult when you don't meet conforming loan requirements. Certain life circumstances – a change in income, job loss, bankruptcy, short sale – can often make it hard to obtain a home loan. That's where seeking a non-conforming loan from NASB could be the solution. We have the experience and understanding to assist those with unique circumstances get them into their dream home.
Non-Conforming Loan Requirements
You may qualify for a NASB non-conforming home mortgage loan if you:
- Have at least one year of self-employment within the same line of business history
- Recently change jobs from W-2 to 1099 (You may be approved with as little as six months 1099 employment)
- Have income with pay stubs from a second job; no required minimum history of working two jobs
- Competitive conforming pricing up to $600,000 loan amounts; Above that, risk-based pricing applies