NASB Review

Founded in 1927, North American Savings Bank (NASB) is a Kansas City-based financial institution. It offers branch-based banking regionally but serves a nationwide base of customers through its mortgage division.

This review covers the company’s core home loans along with its mortgage refinancing plans and VA loans. It also provides an overview of NASB’s special mortgage programs for borrowers meeting specific profiles.

Pros and Cons of NASB

Pros:

Cons:

What Does NASB Offer?

NASB’s core lineup of home loans includes standard mortgages, mortgage refinance loans, and VA loans. In addition to conventional mortgages, NASB offers a long list of specialized home loans. Let’s take a closer look at the variety of options below.

Conventional Mortgage

Federal Housing Administration (FHA) Loan

Non-Conforming Home Loan

Bank Statement Loan

Jumbo Loan

FLEX Loan

IRA Loans

NASB also offers two types of mortgage refinancing programs, as summarized below:

Cash-Out Refinancing

Rate and Term Refinancing

NASB also offers accessible home loan and refinancing programs to military service members who qualify through the Department of Veterans Affairs (VA). Here’s how they work:

VA Home Loan/Primary Mortgage

VA Mortgage Refinancing

Finally, NASB operates multiple specialized home loan and mortgage programs. These include:

If you fit any of these special profiles, then a NASB mortgage program might be right for you.

What To Expect on the Site

Borrowers can apply online for a home loan or mortgage refinance with NASB. The process begins with creating an account.

The account creation process takes only a few minutes. Here’s what’s involved:

After that, you have direct access to the full family of NASB home financing solutions. Then, simply click on the product you’re interested in and follow the prompts to apply or learn more.

Pricing

NASB offers a wide variety of home loans and mortgage refinancing solutions. So, generalizing about costs and pricing is difficult. For instance, interest rates, annual percentage rates, application fees, and closing costs vary from one loan to the next. However, origination and application fees don’t apply to NASB’s VA loans.

While pricing varies, there are a few common factors that influence rates, including your:

If you’re interested in more detailed pricing, then creating a NASB account and submitting a custom request is the best way to get an accurate quote.

The Bottom Line

NASB offers competitive rates on all its loans. Additionally, its inclusivity and flexibility broaden its appeal to a wider base of consumers. As a result, the company may be an option for people whose borrowing profiles make it a struggle to get financing elsewhere. If you’re open to doing business entirely online, then NASB is worth checking out as you compare top mortgage lenders and mortgage refinance lenders. The company makes it fast and easy to get a free quote.