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finder.com’s rating: 4.0 / 5.0
★★★★★
North American Savings Bank offers an impressive range of home loans and considers alternative lending criteria and income sources. But there aren’t any branches outside of the Kansas City, Missouri area.
Conventional: 620
FHA: 560
VA: 620
Minimum credit score
3%
Minimum down payment (Conventional)
Available in all states
State availability
Loan products offered | Conventional, Jumbo, FHA, VA, Home Equity/HELOC, Refinance |
---|---|
Minimum credit score | Conventional: 620 FHA: 560 VA: 620 |
Minimum down payment (Conventional) | 3% |
State availability | Available in all states |
NMLS # | 400039 |
North American Savings Bank is not currently available on Finder
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North American Savings Bank (NASB) has a plethora of loan options for a wide range of customers. In addition to conventional, jumbo and government-backed loans, the bank offers an impressive selection of nonconforming mortgages and specialized first-time homebuyer programs you may not find elsewhere.
Unlike other lenders, the bank strives to provide flexible solutions so long as you document your financial stability. This makes it a great option for investors, self-employed individuals and those with bad credit or a bankruptcy who can’t find funding anywhere else. NASB will consider bank statements, cash on hand, IRAs and alternative income streams when underwriting loans. Not all lenders do this.
Most online reviews have positive things to say about NASB, praising the individual attention they received from their loan officers. We can also confirm that a NASB loan officer we spoke with provided straightforward and helpful answers to our questions with no sales pressure.
But the company’s interest rates and fees aren’t listed online, and you won’t know your available rates until you fill out a prequalification form online. However, doing a hard credit check is optional, giving you a choice on how you want to proceed with the application.
To find out if you meet the requirements for an NASB home loan, call the bank or get preapproved online. Basic eligibility for a home loan with North American Savings Bank includes:
Requirements vary by loan product. For more information, contact a NASB loan officer on 855-921-4921.
Personal and financial details required to apply for a mortgage from North American Savings Bank include:
When taking out a mortgage with NASB, you’ll need to pay:
To get started with a home loan from North American Savings Bank:
Alternatively, you can call NASB to speak with a loan officer and learn more about the products on offer or to apply.
North American Savings Bank also offers these specialized types of mortgages:
Frankly, we have a lot of positive things to say about NASB, and we think it’s great for borrowers looking for a nonconventional loan or more flexible lending criteria.
That said, if you have good credit and straightforward finances and simply want a standard conventional or government-backed loan, you may want to go with a digital lender like Better or Beeline. These lenders offer a fast online application process, no origination fees and quick preapproval decisions so you can start home shopping right away.
NASB branch locations are also limited, which means if you want to meet with a loan officer face to face, you may be out of luck. In that case, you might want to check out Guaranteed Rate, another highly rated lender that has 400 branches nationwide.
Whatever your situation, comparing lenders is the best way to find the right loan for your needs. Select See rates to view and compare your personalized quotes today.
Disclaimer: The partners on Finder's mortgage comparison tables are sorted in alphabetical order.
As of August 2022, North American Savings Bank has a 4.95 out of 5 rating on Zillow from 1,337 customers. NASB has been accredited with the BBB since 2008 and has an A+ business rating, with 10 complaints closed in the past three years.
Customers report being thrilled with the professionalism, trustworthiness and responsiveness of their loan officers, some of whom answered calls during off-hours. The small number of customer complaints on the BBB website mostly centered around payment billing errors.
Founded in 1927, NASB is headquartered in Kansas City, Missouri and has current assets totaling more than $2 billion. NASB is a full-service bank offering checking accounts, savings accounts, CDs, home loans and commercial loans. NASB has branches in Grandview, Lee’s Summit, Independence, Harrisonville, Kansas City, Platte City, Excelsior Springs, St. Joseph, Lexington and Odessa, Missouri.
North American Savings Bank is not currently available on Finder
Have you considered Rocket Mortgage?
Apply online for free and lock in your rate for 90 days.