Portfolio Loan

Our Portfolio loans offer an alternative when circumstances restrict your ability to get a conventional mortgage loan.

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Key Features

We look at all income streams for qualification

Common sense underwriting

Less restrictive credit guidelines


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When traditional mortgage financing is not an option.

If you have circumstances that don't allow you to qualify for a conventional home loan, like a foreclosure, recent bankruptcy, or credit issues, a portfolio loan from NASB may be the solution. Our portfolio loans offer an alternative for qualifying requirements, looking at the entire picture of your income and assets. We have two portfolio loans to choose from, our Portfolio 1 and Portfolio 2, each with different considerations to match your situation.

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Portfolio Loan Guidelines and Requirements

To qualify for one of our portfolio loans, here are some of the requirements and guidelines to consider:

Portfolio 1 Loan: 

  • Loan amounts up to $550,000 with higher limits considered upon qualification
  • $200,000 minimum loan amount
  • 20% down payment, or as low as 5% with mortgage insurance
  • Gift funds allowed up to 20%, no borrower contribution required
  • Minimum FICO credit score of 650
  • Debt-to-income ratio up to 48% 
  • Two-year seasoning required on bankruptcy, four years on short sale or foreclosure
Portfolio 2 Loan:
  • Loan amounts up to $550,000 with higher limits considered upon qualification
  • $200,000 minimum loan amount
  • 25% down payment, or as low as 5% with mortgage insurance
  • Gift funds allowed with 5% borrower contribution to the transaction
  • Minimum FICO credit score of 625
  • Debt-to-income ratio up to 45% 
  • Two-year seasoning required on bankruptcy, three years on short sale or foreclosure



What is a Portfolio Loan?

In this NASB Now video, we explain what a portfolio loan is, the different types of portfolio loans, and who can benefit from seeking this type of loan.

Cindy L.
My experience with NASB was exceptional. Everyone went above and beyond. They made the transition from applying for a loan to finalizing very easy and stress free.

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Based on lender data

More than $22 billion in home loans in the last decade

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