Special Programs

Here at NSB Mortgage we can help you with the following programs:

1) First Time Home Buyer Program

a. Borrowers can borrow up to 90% of the purchase price
b. If first mortgage 85% or less, all of the down payment funds may be gift funds from family, customer reserves, or borrowed against other assets
c. Seller concessions up to 3% allowed
d. No mortgage insurance

2) 90% LTV Purchase Money Program

a. Loan amounts up to $750,000 at 90% LTV
b. Available as traditional ARM and fixed rate programs
c. Maximum 90% CLTV
d. Available on owner-occupied single family residences, duplexes, townhomes, two-flats, and modular homes
e. No mortgage insurance

3) Jumbo Purchase Money

a. First mortgages up to $1,500,000 at 80% LTV (90% CLTV allowed)
b. No bump to rate or pricing for loan amounts up to $1,000,000
c. Available as traditional ARM, interest-only ARM, and fixed rate
d. 30 year fixed with interest only also available
e. Available on owner-occupied single family residences, duplexes, townhomes, two-flats, and modular homes
f. No mortgage insurance

4) Super Jumbo Purchase Money

a. First mortgages up to $3,000,000 at 60% LTV (70% CLTV allowed)
b. First mortgages up to $2,000,000 at 75% LTV (90% CLTV allowed)
c. Primary residence, detached single family residences only
d. Available as traditional ARM or fixed rate
e. No mortgage insurance

5) Purchase Money Second Mortgages

a. Available as fixed rate or HELOC
b. Our second mortgage only available behind our purchase money first mortgage
c. Maximum 89.99% CLTV

Please contact us for more details and product descriptions.


A Home Equity Line of Credit (HELOC) can be a great resource for homeowners on a purchase looking to avoid Private Mortgage Insurance (PMI) or on a Refinance looking to access their equity for home improvements and/or debt consolidation. We can offer a HELOC for either a Simultaneous Purchase transaction or as a Stand Alone Refinance.


  • Up to 89.99 % Combined Loan to Value (CLTV).
  • Primary Residence or Second/Vacation Homes allowed.
  • Single Family Residences, Townhomes, Condos and 1-2 Units eligible.
  • Loan Amounts up to 500,000 with a total combined mortgage exposure of 2,000.000 available.
  • Competitive margins.

Please contact us with any questions


We recognize the work and money borrowers have invested into their education and career. That’s why our Doctor Loan allows a higher loan limit and lower down payment than a conventional mortgage *for qualifying medical doctors (MD and DO) and dentists (DDS and DMD).


  • We make it easier to qualify by excluding certain student debt when calculating monthly Debt-To-Income (DTI) ratio (Some student loans that are in a period of deferment or forbearance may not “count against” doctor and dentist DTI.).
  • Borrower must be an M.D., D.O., D.D.S. or D.M.D. or in their residency/fellowship.
  • The mortgage will be on a primary, single-family residence. Manufactured (mobile) homes do not qualify.
  • Rate and Term refinancing on primary residence is allowed.
  • Fixed-rate mortgage, or a 7/1 ARM (Adjustable Rate Mortgage).

Please contact us with any questions


This program just rolled out, may be of some use to you or someone you know.

Borrowers who purchased the subject property within the past six months are eligible for a cash-out refinance if all of the following requirements are met:

  • The new loan amount is not more than the actual documented amount of the borrower’s initial investment in purchasing the property, plus the financing of closing costs, prepaid fees, and points (subject to the maximum LTV, CLTV, and HCLTV ratios for the transaction).
  • The purchase transaction was an arms-length transaction.
  • The purchase transaction is documented by the HUD-1, which confirms that no mortgage financing was used to obtain the subject property.
  • The source of funds for the purchase transaction can be documented (bank statements, personal loan documents, HELOC on another property). Any loans used as the source for the purchase transaction will be required to be repaid on the new HUD-1.
  • All other cash-out refinance eligibility requirements are met and cash-out pricing is applied.

Note: The preliminary title search must not reflect any existing liens on the subject property. If the source of funds to acquire the property was an unsecured loan or HELOC (secured by another property), the new HUD-1 must reflect that source being paid off with the proceeds of the new refinance transaction.

Please contact us with any questions


NSB Mortgage is a market leader for Canadian Borrower Loans. We have a variety of programs set up that will make purchasing a US property an easy and straightforward process. Rates on our loans are not dependent on credit score, rather on property location and loan size.


2nd Residence Loans:

  • 75% LTV (Loan To Value)
  • Rate based on loan size and property location – not credit score
  • Fast processing times

Investment Properties:

  • 65% LTV (Loan To Value)
  • Rate based on loan size and property location – not credit score
  • Fast processing times

Owner Occupied – (Available to all international buyers):

  • 75% LTV (Loan To Value)
  • Rate based on loan size and property location – not credit score
  • Must be New to the US
  • Must be employed in the US

Contact us today to discuss your unique situation and let us present you with a complete loan package at the most competitive rate available.



  • Can be used for Owner Occupied Primary Residence purchases and existing USDA refinances
  • No down payment required – 100% financing
  • No cash reserve requirement
  • Low minimum credit score requirement
  • Not just for 1st time home buyers, anyone could qualify
  • Loans up to 102% of appraised value
  • 100% gift/down payment assistance allowed on purchases
  • Repairs could be included in the loan
  • Loan may be assumable

*All Special Programs are subject to change without notice.

Noah Blechman