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.
Mortgage options for people who don't check all the boxes.
NASB understands that getting a mortgage loan can be difficult for some folks when you don't meet conforming loan requirements. Certain life circumstances – a change in income, job loss, bankruptcy, or 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 with those unique circumstances or non-traditional income and get you into your 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
- $200,000 minimum loan amount
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Minimum loan amount of $175,000 required to apply*
Mortgage Calculators
- A variety of mortgage payment calculations
- Learn which loan is better for you
- Help to make term and loan type decisions
Jumbo Loan
- Best option for loan exceeding the conforming loan limit
- May require as little as 10% down payment
- Choose from a variety of loan programs
Bank Statement Loan
- No tax returns required
- Borrow up to $1,250,000
- Great option for self-employed borrowers
What Our Customers Say
Mohit M., May 25, 2021
★★★★★ (5)
"NASB always makes it easy and transparent to work with them. I know upfront what to expect - they're clear in their communication and keep their word. This was my third interaction with them and it's a fantastic experience working with the NASB team."
$31 Billion in home loans
In the last decade based on lender data
103,000 home loan customers since 2010
Based on lender data
90 Net Promoter Score
Based on closed loan customer surveys from 6/1/2022 to 5/30/2023
