Non-Conforming Loan

We have the experience to help people with unique circumstances or non-traditional incomes finance their dream home with a non-conforming loan.




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Mortgage options for people who don't check all the boxes.

At NASB, we understand that not everyone fits the standard loan mold. That’s why we offer non-conforming mortgage options designed for borrowers with unique income or credit circumstances.

Our non-conforming loans may be an excellent option for:

  • Self-Employed Professionals & Business Owners
  • Real Estate Investors & Investment Property Owners
  • Independent Contractors & Freelancers
  • Gig Workers & Entrepreneurs


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
  • $200,000 minimum loan amount
  • Minimum loan amount of $175,000 required to apply*



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Non-Conforming Loan Comparison

Loan Type1Who is it for?Min. Credit ScoreMin. Loan AmountMin. Down Payment
Bank Statement LoanSmall business owners700$175,00010% with mortgage insurance*
1099 LoanSelf-employed individuals700$175,00020%*
DSCR LoanReal estate investors700$175,00025%
Asset Depletion LoanBorrowers using liquid assets to qualify700$175,00020%*
Jumbo LoanBorrowers with home purchases above the conforming limit720$805,50120%
Credit Event LoanHelps individuals get a mortgage after credit event like bankruptcy620$175,00030%

*10% down payment with no mortgage insurance option available with 740 FICO. Talk to a NASB loan officer for more details.



Nationally competitive products. Individualized service.

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*Minimum loan amount of $175,000 required to apply. Exceptions include mortgage products for properties located within the Greater Kansas City metro and surrounding areas. Contact a NASB Loan Officer for more details on the specific areas and/or zip codes excluded.