Don't Let a Credit Event Prevent You From Home Ownership

For borrowers with bankruptcy, divorce, or other credit events
Minimum 30% down payment, no PMI required
Outside gifts allowed for down payment and closing costs
Minimum loan amount is $175,000*

NASB's Credit Event Home Loan helps borrowers with unique circumstances.

Life doesn't always go as planned, and certain financial events can sometimes impact your ability to qualify for a mortgage loan despite having the money to make a down payment. Buying a home may feel out of reach if you've experienced a setback, such as bankruptcy. At NASB, we understand these unique situations and are here to listen and help. Our Credit Event Home Loan focuses on your overall financial story, not just the challenges you've faced. We even allow outside gifts to help cover your down payment and closing costs.

Credit events can include:

Bankruptcy (with a minimum of one year from the bankruptcy discharge date)
Divorce
Medical bills
Loss of a loved one

Reach out to us today, and let's explore how we can make homeownership possible for you, even after a credit event.

Call us toll-free at 866-324-6901

What Our Customers Say

Michael D., March 24, 2024

★★★★★ (5)

"They were very informative explaining everything I needed to provide them along the way. They made my dream home a reality when others could not."

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*A credit event is a one-time, non-recurring, or ongoing event that has impacted a customer's credit score. Credit Event Home Loans require a minimum $175,000 loan amount and a 30% down payment. Contact a NASB Loan Officer for details on the excluded areas and zip codes. It is not available in New York state, the Chicago or Baltimore metropolitan areas, and not in all locations or for all property types. Loans are subject to underwriting, eligibility criteria, and other factors. Your loan officer will provide more information regarding Credit Event Loans and what may work best for your situation.